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Author: telegraph Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 744851  
Subject: Detroit is #1 Date: 2/22/2013 9:41 AM
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Detroit Tops 2013 List Of America's Most Miserable Cities

Violent crime in the Detroit metro was down 5% in 2011, but it remains the highest in the country with 1,052 violent crimes per 100,000 people, according to the FBI. Home prices were off 35% the past 3 years, which is the biggest drop in the U.S.


Forbes put Detroit Mayor Dave Bing on its cover in 2011 for a story with the optimistic headline: “City of Hope.” The premise was that the city had hit rock bottom and was poised for a turnaround.


Two years later, Detroit’s problems continue to multiply, sadly. It is still dealing with high levels of violent crime and unemployment. Home prices, already at historic lows, plummeted a further 35% during the past three years to a median of $40,000 as net migration out of the city continued.

The latest blow was Tuesday’s announcement that the city is on the verge of being taken over by the state. Detroit is in a financial emergency and cannot pay its bills. The city has been issuing debt to fund day-to-day operations. The continuing problems propelled Detroit to the top spot in our 2013 ranking of America’s Most Miserable Cities.

http://www.forbes.com/sites/kurtbadenhausen/2013/02/21/detro...


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But didn't they measure the 'fairness index'? I'm sure if you rank it on the 'opportunity scale' taking into account the fact that half the residents probably were raised in single parent households by moms forced to accept welfare.......it shouldn't be that bad, right? After all, they 'tried' and everyone should get a trophy for 'trying'.



t.
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