Tom Walsh: If GM thrived after bankru...

Tom Walsh: If GM thrived after bankruptcy, why not Detroit?

There are 1 comment on the Detroit Free Press story from Feb 15, 2013, titled Tom Walsh: If GM thrived after bankruptcy, why not Detroit?. In it, Detroit Free Press reports that:

Robert Peeples, 67, of Detroit is handed the keys to his new 2013 Chevrolet Malibu by sales and leasing agent Greg Tyler at George Matick Chevrolet in Redford Township on Thursday.

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Livonia, MI

#1 Feb 15, 2013
Well, if the fed moved in and gave Detroit a bunch of billions of dollars, life in the city would indeed be rosy until it ran out. The answer to "why not?" is the fact that GM had the potential to EARN money by PRODUCING a needed product. Detroit has no such potential unless you count living carefree off the dole as a needed product. I admit that living off the dole is seen as a viable lifestyle here in Detroit.

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