interesting pieces of this is you look at the federal, state, and city spending on police officers, in many cases, has gone down. you have taken police officers off the street. a lot of so-called intervention programs, after school programs, summer job programs, those have lost a lot of money over the last few decades. and also i would add the sort of school-to-prison pipeline, suspensions, high number of suspensions particularly for african-american, latino boys, and also rampant absenteeism has contributed to this. chicago isn t the, you know, most violent city in the country. if you want to look in terms of gun deaths detroit and new orleans beat them. but in chicago you have a couple specific problems. you have a gang problem. a lot of the shootings, you know, miami, some other cities they don t want to promote this obviously because the cities also have tourism but an endemmic gang problem. if you look at a map of chicago the violence is heavily concentrated on the south and wes
has to decide whether to make the choice to default on some of that debt and all the while is making brutally difficult triage decisions on which spending to cut. it s led detroit mayor david bing to cut city spending by $172 million a year since taking office in 2009. the less the city spends on basic services, the less people want to live in detroit. the city s population has dropped by 5% since 2000. around 30% of detroit is vacant. the empty properties occupy an area nearly the size of san francisco. according to the washington post, property tax collections are down 20% in the last 50 years. the more the tax base shrink, the less revenue the city has. the revenue, services, and the more people leave. today the the new york times had a really eye opening front-page story about what all this means in real terms for the people of detroit. and let s remember there are still 700,000 people living there. people in detroit can no longer count on even the most basic of city services.
crucial. detroit owes creditors between $16 billion and $18 billion and finds itself in a position that anyone has ever found themselves in the quicksand of too much debt can relate to. the city is fending off demands for higher interest rates. has to decide whether to make the choice to default on some of that debt and all the while is making brutally difficult triage decisions on which spending to cut. it s led detroit mayor david bing to cut city spending by $172 million a year since taking office in 2009. the less the city spends on basic services, the less people want to live in detroit. the city s population has dropped by 5% since 2000. around 30% of detroit is vacant. the empty properties occupy an area nearly the size of san francisco. according to the washington post, property tax collections are down 20% in the last 50 years. the more the tax base shrink, the less revenue the city has.
the choice to default on some of that debt and all the while is making brutally difficult triage decisions on which spending to cut. it s led detroit mayor david bing to cut city spending by $172 million a year since taking office in 2009. the less the city spends on basic services, the less people want to live in detroit. the city s population has dropped by 5% since 2000. around 30% of detroit is vacant. the empty properties occupy an area nearly the size of san francisco. according to the washington post, property tax collections are down 20% in the last 50 years. the more the tax base shrink, the less revenue the city has. the revenue, services, and the more people leave. today the the new york times had a really eye opening front-page story about what all this means in real terms for the people of detroit. and let s remember there are still 700,000 people living there. people in detroit can no longer count on even the most basic of
class. and she will pay for the private lesson someplace this is how it will be felt on main street. a fiscal crisis still happening. you said something a moment ago. we ll be looking for this for decades. it s possible. you need to see a roaring economy come back and that will relieve some of the pressure. right now, we re hearing about foreclosures. we ve all lost tax revenue, and we re talking about home prices bottoming out in the spring and coming back. in some cases, city spending is based only assumptions of 2006-07, when things were a lot better. i want to show you a demographic. no question, these are the biggest states. $17 billion in california. how could you come up with $17 billion? and by law, you have to. states have to balance their budgets. in new york, it s $10 billion.