Wednesday, July 16, 2014

Bankrate, July 14, 2014, Monday


July 14, 2014, Monday 

Bankrate (full article)

Don’t blame Detroit’s woes on car industry

However, the truth is not that simple, according to Arthur Wheaton, an auto industry expert and director of western New York labor and environmental programs at the Worker Institute at Cornell University in Ithaca, New York.

Wheaton says many factors contributed to Detroit's decline, including a mass exodus of city residents who moved to new locales. And, he argues that today's auto industry is playing an important role in getting the city back on track.