Then there is the governor who wants to have “skilled immigrants” come into Detroit to do. . . what,exactly? Not clear. Just clear that he doesn’t want to have to pay American wages to whoever might come to do whatever.
Rusty
Don’t tell that to Dan Gilbert of Quicken Corp renown. He has invested heavily in the revival of Detroit, “Today, Gilbert-owned businesses employ 11,500 people in the city,” Wiki. Gilbert is said to be a force behind the renovation of a big sports arena in Detroit and the owner of a wide swath of property around that arena. So, in effect, there is big corporate money in Detroit and more being directed there by a guy who seems to have a talent for getting in early on a good deal. Undoubtedly its long term, but what in the good ole USA is a good short term investment these days? Especially if your not in the financial trading game.
Then there is the governor who wants to have “skilled immigrants” come into Detroit to do. . . what,exactly? Not clear. Just clear that he doesn’t want to have to pay American wages to whoever might come to do whatever.
The compromise plan for the Detroit pensions seems to be making the best of a horrid situation.
One absolute condition has to be independent fiducudiaries for the pension plans, and dissolution of the boards, a collection of goofballs and hacks.
Jack:
Start businesses. No U.S. citizen in their right mind would move into Detroit (except some downtown yuppies) and start a business.
There is 50+ square miles of blight and emptiness, seems like a good lab for trying something new.
Rusty
Don’t tell that to Dan Gilbert of Quicken Corp renown. He has invested heavily in the revival of Detroit, “Today, Gilbert-owned businesses employ 11,500 people in the city,” Wiki. Gilbert is said to be a force behind the renovation of a big sports arena in Detroit and the owner of a wide swath of property around that arena. So, in effect, there is big corporate money in Detroit and more being directed there by a guy who seems to have a talent for getting in early on a good deal. Undoubtedly its long term, but what in the good ole USA is a good short term investment these days? Especially if your not in the financial trading game.
Gilbert is a billionaire who can afford the best real estate in town. He has done much good in the downtown.
Detroit needs residents who can start and expand businesses. Who can create middle class neighborhoods.
There are only so many billionaires to go around.