Oh Fer Cryin' Out Loud

Paul Krugman: Detroit “an innocent victim of market forces.”

Never mind the ’67 riots, the failed schools, the corrupt police, the billions wasted on sinkhole vanity projects, and all the other things that drove people out of what was once the nation’s fourth-largest city. It’s just capitalism, baby.

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Undoubtedly the city should have spent more money.

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