Detroit reduced to the most miserable city facing bankruptcy

The world famous "Motor City" Detroit because of the high crime rate and the unemployment rate both population outflow coupled with the financial crisis and the risk of bankruptcy, "Forbes" magazine as the most miserable city in the United States in 2012. In last year's rankings, Miami was rated as the most miserable city in the United States. Detroit alternative to the status of the Miami this year, and more than Chicago and other "most unhappy".

Forbes reported that Detroit is a serious problem, and 40 years, it is reduced with the decline of the U.S. auto industry and synchronization. Detroit is facing a serious financial crisis and the risk of bankruptcy, and its financial affairs is likely to be the state government took over. In addition, New York in this ranking tenth, the main problem is the cost of living is too high. New York has the highest income tax rate in the United States, and the longest average commuting time (36 minutes).

Detroit also includes $ 14 billion in long-term liabilities, including the urgent need to be completely resolved. But almost no one expects the federal government will be a helping hand extended. Detroit population dropped from 180 million in recent years to 70 million. Also will reduce the city's tax base. Behind these departing figure, left the city filled with foreclosed homes, high crime rates, it is difficult to provide basic services and to fulfill pension obligations. If Detroit really filed for bankruptcy, is the largest in the history of local self-government application for bankruptcy, more than Alabama's largest city, Birmingham, Jefferson County, where, in the county in 2011 filed for bankruptcy, liabilities of $ 4.23 billion.

U.S. political journal "Congressional Quarterly" subordinate "Congressional Quarterly Press January 23 announced the rankings of the most dangerous cities in the United States, Detroit, St. Louis and Oakland ranked in the top three of the" crime capital ". 1970s, the homicide frequent, Detroit began to be considered the "capital" of the homicide, has been among the highest crime rates in cities in the United States.