Archive for December 13th, 2012

The MoTown microcosm …

December 13, 2012

In prior posts this week, we noted that – on a macro  basis — there are 122 million adults in the US who are dependent on 121 million tax payers who work in private sector.

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A microcosm of the US picture is the city of Detroit

You know, Detroit as in ”about to file for bankruptcy”

Detroit as in “we voted you in, now bail us out”.

Detroit as in “unions are the way to middle class success”.

Consistent with the emerging national picture, it turns out that the  257,576 people in Detroit who do not have a job and are not looking for one outnumber the 224,846 residents who do have jobs.

Here are some other factoids courtesy of CNS

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