Freedom Line Blog

This story would be slightly less depressing even if we hadn’t all seen it coming for years:

Detroit on Thursday became the largest city in U.S. history to file for bankruptcy, as the state-appointed emergency manager filed for Chapter 9 protection.

Kevyn Orr, a bankruptcy expert, was hired by the state in March to lead Detroit out of a fiscal free-fall and made the filing Thursday in federal bankruptcy court.

A number of factors — most notably steep population and tax base falls — have been blamed on Detroit’s tumble toward insolvency. Detroit lost a quarter-million residents between 2000 and 2010. A population that in the 1950s reached 1.8 million is struggling to stay above 700,000. Much of the middle-class and scores of businesses also have fled Detroit, taking their tax dollars with them.

This, of course, doesn’t take the analysis back quite far enough. The population and tax base are symptoms, not causes. Why did people actually leave? Well, there were local officials intent on driving out part of the population on racial grounds, the dominance of unions that ended up choking the auto industry, overwhelming crime rates, and a spate of corrupt politicians.

For decades now, Detroit has been a laboratory of liberalism. Today’s news only makes explicit what many of us concluded long ago: the experiment has failed.