Bailed Out

It looks like Detroit is getting its bailout after all. On a similar note, I just send dad this sad story about Lordstown.

In neighboring Warren, home to the second-largest contingent of plant employees, Mayor Michael J. O'Brien said 4,000 of 21,000 houses in the city are vacant. So desperate is it for new residents that the city has offered home buyers incentives of as much as $1,000 to buy a house. Some cost as little as $50,000. In part because of job losses at the auto supply manufacturer Delphi, the city is laying off 20 policemen and 11 firefighters, he said

I still am astounded that people did not see this coming. And the husband is right: innovation and new skill sets are what is needed. Not just an influx of money. Otherwise, we'll still be a 1970s skilled workforce with a 2010s date on the calendar.