Free Republic

The Motor City shows that the era of big government, big labor, and big business is long gone.Detroit, once one of the nation’s most vibrant cities, faces imminent bankruptcy. That’s the headline from the report last month of emergency fiscal manager Kevyn Orr, issued 45 days after he was appointed this spring by Michigan governor Rick Snyder to take over the city’s government. “The path Detroit has followed for more than 40 years is unsustainable,” Orr said. “And only a complete restructuring of the city’s finances and operations will allow Detroit to regain its footing and return to a path...