Detroit's lesson — 2016 candidates can't ignore $60 trillion debt: Column


Detroit's lesson — 2016 candidates can't ignore $60 trillion debt: Column
 

Detroit’s historic bankruptcy should serve as a wake-up call to U.S. politicians who are ignoring a national debt crisis that could eventually threaten the livelihoods of millions of American retirees.
As the Republican presidential candidates hit the Motor City on Thursday for a Fox News debate — and as the two remaining Democratic candidates also campaign there before Tuesday's Michigan primary — it’s critical to understand why Detroit’s financial collapse should be a red flag for America.
Detroit’s remarkable escape from $7 billion in debt finally put the well-being of the city’s 688,000... read more

 
3 March 2016 in Business, Views: 19
Source: Usa Today
 


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