Democrats would have continued kicking the can down the road for decades and let the debt grow and grow like is happening all across the country.
Bankruptcy allows for a clean slate and its attracting a lot of private money. For instance, the Packard plant has been sold, back taxes paid, and new construction going on now. Engineers say that around 85% of the buildings are salvageable despite outward appearances. Urban industrial living and working is a hipster thing and they bring big bucks.
The point is that there are good things happening but none of them are because of the democrats and only idiots allow the democrats to take credit for them.