The bankruptcy in Detroit is being pushed by Governor Snyder’s politically appointed Emergency Manager, who has demonstrated that he puts himself first, with his hotel penthouses, excessive room service bills, and $225,000 salaries for his staff. Though Detroit has been struggling for years, the problem was made worse by a $66 million cut in state funding last year and a loss of $700 million over the past decade. The Snyder administration is making the wrong funding choices in the bankruptcy, helping the Wall Street bankers first and spending another $100 million on lawyers and consultants. Widows and survivors of police and fire fighters will see their benefits cut. Contracts with small businesses will not be paid. And Michigan public employees, including those who don’t receive Social Security will see their pensions cut. These are the wrong priorities.
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