Robert J. Samuelson: Detroit not an isolated case; many governments are struggling
What You May Have Missed
By Robert J. Samuelson, Washington Post
Published: Tuesday, Aug. 6 2013 12:00 a.m. MDT
The bankruptcy of Detroit is an extreme example, but it is not an isolated case. State and local governments face a prolonged squeeze between costly commitments to retirees and demands for better services. Think schools, police, libraries, parks, roads and prisons. As the Great Recession fades, pressures for immediate service cuts may recede, Detroit notwithstanding. Don't be fooled.
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