In 1950, Detroit, Michigan was home to the biggest car companies in the world including Ford, Chrysler, and General Motors. At the time, the “Motor City” was the fourth largest city in the U.S. after New York, Chicago, and Philadelphia. But as auto companies decentralized manufacturing far and wide, Detroit’s population decreased — in 2021 it had slipped from fourth to 27th — and with that decline went the city’s tax base.
Not only did car manufacturing leave, but so did all the tax-paying businesses that support a vibrant working community, including food stores, banks, Read More