From November, a slideshow of the U.S. cities whose residents are the most broke (i.e. those plagued by unemployment, low income, personal debt and poor credit scores). So not about “broke cities” per se, but cities are only as flush as the people who inhabit them. #30: Las Vegas, Nevada. #1: Columbus, Georgia. Most of…
Category: Cities
Fiscal emergencies in Michigan
In 2010, Governor Snyder of Michigan signed an emergency manager law that has resulted in the takeovers of four Michigan cities and the Detroit Public School District. The state has also taken preliminary steps in the process of declaring fiscal emergency in the city of Detroit. There is an important backstory and politics to the…
NYT Editorial on Public Sector Job Loss
What better place to dive into urban austerity than through the question of public employee layoffs? The New York Times editorial today is about the disproportionate impact of such layoffs on Black workers: There were 20,000 government workers laid off last month, by far the largest drop for any sector of the economy, mostly from states,…