America's "Fast-Dying Cities" Pine for Resuscitation
When you're a dying Rust Belt city and you find yourself on a "top 10" list of the worst, it doesn't help ...
When you're a dying Rust Belt city and you find yourself on a "top 10" list of the worst, it doesn't help that bloggers and radio DJs call your town a basket case. So opens a Wall Street Journal piece about an Ohio meeting of representatives from those 10 cities to discuss what to do about their economic slide. The story describes a sense of desperation over the ability to rebound.
The meeting came about after Forbes published a story called "America's Fastest Dying Cities." Ohio's outlook stacks up as the worst, with four of its cities on the top ten list: Canton, Cleveland, Dayton and Youngstown. Michigan is second with Detroit and Flint on the list.
A painful little twist ends the Forbes story. The writer points out that at least these hurting cities don't face a huge drop in real estate prices the way Las Vegas and Miami have.
But that's only because prices didn't go up to begin with.
Join the Discussion
After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.
The Week in Public Finance: A Run on Pensions in Dallas, Connecticut's Warned and a Threat to Muni Bonds20 hours ago
N.J. Court Rejects Civil Service Changes for Public Workers21 hours ago
Gov. Brown Appoints California's First Latino Attorney General21 hours ago
Why Carrier Deal Could Set Troubling Precedent21 hours ago
California Governor Heads to Court to Stop State Worker Strike21 hours ago
Votes Miscounted? Your State May Not Be Able to Find Out21 hours ago