Hello readers my name is James and I'm guest blogging for The Daily Wood today.
Perhaps in the future I'll be able to share more of my views with you all.
I'm a college graduate in the study of Ornamental Horticulture, a resident of Metro Detroit, and
a Cherokee Native American. As my field of study, and state are affected by current sociopolitical
issues, I feel this is a perfect oppertunity to share my thoughts and my personal recollection of what
I've experienced and learned.
For as long as anyone can remember, Detroit and for the most part Michigan as a whole has been
known for one huge industry, Automobiles. The city gained monikers such as "The Motor City."
Hot Rod cars dubbed as "Detroit Muscle." The story of Detroit really is the story of the "Big 3."
Where the auto industry goes, Detroit goes, this is an undeniable truth. As a one trick pony
everything depends for the most part on the success of these three companies. When they had
the huge blowout, the city sunk hard. You really don't get a feel for it until you see former
business professionals collecting job applications from fast food places. The modern city was
built for two million people, however at this time there's less than 800,000.
The bailout is and will always be seen by Michiganders as a double edge sword. It was entirely
essential to keep Gm/Chrysler/Ford afloat, however nobody denies that the companies deserve to
fall under. The raging fire of approving people for vehicles they could not afford was just a common practice.
The city and it's auto companies were for so long under the illusion that the industry was its golden goose egg.
However when stocks started diving, people were buying less, saving more. It only adds to the irony that when it came time to collect the money for the loands they handed out, they were met with pockets that were already slim, but were now empty. This spelled the downfall of the former Auto Industry, it was soon a realization to themselves that things were bad, very bad. People were laid off en mass. Then later on during the bailout, an enormous amount of more hourly workers were sent home. A huge chunk considering just citizens working at auto factories, but often left out are other companies that entirely depend on those workers. Not third party parts manufacturers, we're talking resturants, grocers, movie theaters, you name it. So many people worked in auto factories that when the layoffs came, so did layoffs at the aforementioned places, and in many cases companies had to shut down. Their customers now had no income.
Unemployment was already strapped before all of this happened, so it came as no surprise that when the city
office buildings were flooded to apply unemployment, there was little to nothing to give. This has triggered an ongoing exodus from the state. A large amount of people have left the state entirely for places that are doing much better, in hopes of finding work again. the interesting thing is that long ago when the auto companies needed a very large amount of workers, many of their future workers came from the south. Here we are today, people leaving Michigan to live down south where prospects are better.
The Documentary "Requiem For Detroit" (The Documentary), shows how this was decades in the making and the result of the lack of respect the companies had for the economy. The big question here is an obvious one that's been asked before. "What do we have to do, to ensure something like this doesn't happen again?" In my opinon, it's accountability. Now, the "Big Three" have obviously changed a lot around, and are behaving much more responsibly and with the watchful eye of the government,
behaving with much more accountability. But, this isn't the only industry that could have something like this happen. What sort of measures should be taken? Many folks felt that the government shouldn't of touched the auto crysis, some people feel that they shouldn't have a failsafe for companies that fall for bad habits. Others feel that its a necessity, to ensure that community's or whole states even, are able to continue on without striking families into severe proverty. Is there a right decision? Should the government have tighter measures put in place to keep companies in line? Should they bail them out if they do deviate from the guidelines set?
This is truly an issue that strikes the heart of many people, this in my mind will no doubt grow to be a bigger issue in society's mind.
I'm interested in hearing opinions from others about this topic, feel free to leave a comment.