Detroit’s downfall and attempt at recovery

Research Presentation

By Ashley Lockhart

Introduction

• Published by a well trusted, popular news telecast and website.

• Edited by Brent Jones• Written with many quotes and facts that

are all sourced

GM went bankrupt in 2009, and it affected upwards of 11,000 workers directly. Indirectly, it will affect every large manufacture of GM products throughout the country. Along with GM’s bankruptcy, it will close nearly 2,100 dealerships, also leading to more job losses. The retirees may experience a reduction in health care benefits as well. However, there is speculation that GM will pick back up.

“How Will GM’s Bankruptcy Affect the Economy?”

Written by Maureen Milford, USA TODAY

USA TODAY is well known for giving the latest news for many different categories. In this article, they chose to inform the public of GM’s bankruptcy and how it may affect the United States. The audience for this publication is anyone interested or a part of GM such as employees, stock holders, etc.

• Published by a well known and trusted website

• The publication is convincing, and it sources all of its information

• The quotes are given from professionals in particular fields

Detroit’s city is in collapse. There is inflation, over $5 billion in healthcare debts, and the highest homicide rate in 40 years. It has been deemed for the last 20 years one of the United States’ crime capital. But, recently, population has increased and unemployment rate has decreased. The city is a hot spot for investors who want to take on a challenge because they feel Detroit has potential despite it’s negative statistics. Because of they many investments going on in the city, it is now improving from where it once was. However, Detroit’s debts are piling up faster than they can be paid. So an investor, Rand Paul, has organized a plan to encourage a neoliberal market with much lower taxes and less restrictive visa guidelines. On top of the investments, Detroit is planning to “make a comeback” by enhancing it’s arts, culture, and history in hopes of bringing in more traffic.

“fixing Detroit: America's comeback city”

Written by Barnini Chakraborty, FoxNews.com

FoxNews.com provides the public with the most recent news in the United States. Because the downfall of Detroit is so well known, FoxNews.com decided to update the public of Detroit’s progress. The audience for this article includes everyone interested in Detroit such as (former, present, and future) residence, potential investors, workers in and around Detroit, etc.

• This article is peer reviewed• It is published by a scholarly

publication: Urban Geography• The information provided within

the article is sourced

Cities like Detroit that are declining rather than improving have shown to be the perfect selection for careful economical and real estate revitalization. There are groups called “Think Tanks” that insist on restoring the land market of Detroit by encouraging homeownership and an increase in capitalism. They believe homeownership is the success to secure neighborhoods, and they have collected their data through meticulous examination and exploration of Detroit’s “legislative proceedings, tax foreclosure auction data, and interviews with developers, officials, and activists” (Akers).

“Making markets: think tank legislation and private property in Detroit”

Written by Joshua M. Akers, Urban Geography

This article was written to inform the public of Think Tanks in Detroit and their ideas to improve Detroit’s land market. The audience for the article is everyone who is concerned for Detroit’s well-being and recent news.

Questions

Work Cited• Akers, Joshua M. "Making Markets: Think Tank Legislation and

Private Property in Detroit." Urban Geography 8th ser. 34.1070-1095 (2013): n. pag. Taylor and Francis Journals. Web. 12 Mar. 2014. http://uncc.worldcat.org.

• Chakraborty, Barnini. "Fixing Detroit: America's Comeback City?" Fox News. FOX News Network, 18 Dec. 2013. Web. 13 Mar. 2014.

• Milford, Maureen. "Education." How Will GM's Bankruptcy Affect Economy? The News Journal, 1 June 2009. Web. 13 Mar. 2014.