FlintTalk.com Forum Index > Political Talk Topic: Flint one of 10 worst places for Economic Recovery

Author    Post   Adam F L I N T O I D Flint, Michigan (Longest Road to Recovery) "GDP at start of recession: $10.96 billion End of 2010: $9.25 billion (-15.6%, projected) Unemployment: 14.2% Median home/median salary ratio: 1.5 Nowhere has been hurt by the recession more than Flint. Once an automotive center, the city's economy is projected to shrink by a Depression-like -15.6% from the start of the recession to the end of 2010. (A 10% decline of GDP is sometimes cited as a rule of thumb for depression.) Moody's estimates that Flint will not recover to its pre-recession size in the next decade." [url=http://www.forbes.com/2009/06/09/recession-economy-cities-business-beltway-recovery-cities.html ]main article[/url] The analysis also shows the importance of a city's economic make-up. Manufacturing has been battered by the recession, leaving cities like Detroit and Flint, Mich., or Youngstown, Ohio, with bad unemployment and a changing economy that's unlikely to replace the lost jobs. Moody's projects the economy in Flint, for example, will decrease by 16% from the start of recession to the end of 2010. (One commonly cited rule of thumb for depression is a decline of 10%.) Flint might never return to its original size. Mon Jun 15, 2009 7:03 am  Dave Starr F L I N T O I D What better place to test Obama's solution to problems. Drop a couple billion on Flint, sit back & see what happens. _________________ I used to care, but I take a pill for that now. Pushing buttons sure can be fun. When a lion wants to go somewhere, he doesn’t worry about how many hyenas are in the way. Paddle faster, I hear banjos. Mon Jun 15, 2009 7:40 am  twotap F L I N T O I D Dave, see my post about Jumpin Joe for you answer. _________________ "If you like your current healthcare you can keep it, Period"!! Barack Hussein Obama--- multiple times. Mon Jun 15, 2009 8:13 am  back again F L I N T O I D dave, i'd certainly love to see your cure??? what do you propose?? _________________ even a small act of goodness may be a tiny raft of salvation across the treacherous gulf of sin, but one who drinks the wine of selfishness, and dances on the little boat of meaness, sinks in the ocean of ignorance. P.Y. Mon Jun 15, 2009 12:09 pm  pan8 F L I N T O I D First rule of Leadership is that the captain of the ship is responsible for all that happens and all that fails to happen on his watch. Fire Jenny for a start!!!!! Pan8 Tue Jun 16, 2009 7:56 am  Dave Starr F L I N T O I D quote: back again schreef: dave, i'd certainly love to see your cure??? what do you propose?? Abandoned houses - if they're structurally sound, give it to a person. They would have 2 years to bring it up to code & pass all inspections. Then, they must live in that house. If they rent it out, it would revert back and be given to someone else. Business & jobs Flint & Michigan are much too restrictive. Encourage businesses to locate here rather than discourage them. Present regulations, procedures & taxes make it almost impossible for a new business to locate in Flint. Crime - Transportation director John carpenter was shunted aside and his job divided among 3 people, including him. His office is now at the 12th street garage. He is still receiving his full pay, as are the 2 people Mike Brown put in place. So, there are now 3 people, doing what was one job, receiving 80K salaries. That extra 160K could bring back 2 officers. How much more of this is going on? Government efficiency - Arnold Brown was the head of waste collection for several years, and did an excellent job. he was always accessible, and worked with citizens. he has been transferred to parks & rec., and replaced with someone who has admitted he's in way over his head. The head of major grants, Nancy Jurkewich removed & replaced with someone with NO grant writing experience. WTF? _________________ I used to care, but I take a pill for that now. Pushing buttons sure can be fun. When a lion wants to go somewhere, he doesn’t worry about how many hyenas are in the way. Paddle faster, I hear banjos. Tue Jun 16, 2009 8:15 am  back again F L I N T O I D DUDE.......i'd help you campaign!!!!!! i like that!! i do believe dayne is a shoo-in and would be VERY WISE to get in contact with you!!!! if he doesn't, he's making a stupid mistake. smart people surround themselves with other smart people. _________________ even a small act of goodness may be a tiny raft of salvation across the treacherous gulf of sin, but one who drinks the wine of selfishness, and dances on the little boat of meaness, sinks in the ocean of ignorance. P.Y. Tue Jun 16, 2009 6:23 pm  andi03 F L I N T O I D No one would like Dave, he states what he feels and thinks too logically most of the time. Tue Jun 16, 2009 6:30 pm  back again F L I N T O I D LORD KNOWS MY HOME NEEDS THAT!! _________________ even a small act of goodness may be a tiny raft of salvation across the treacherous gulf of sin, but one who drinks the wine of selfishness, and dances on the little boat of meaness, sinks in the ocean of ignorance. P.Y. Tue Jun 16, 2009 6:33 pm    Display posts from previous:   All Posts1 Day7 Days2 Weeks1 Month3 Months6 Months1 Year Oldest FirstNewest First

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