As we all know, Detroit is one of America’s most downtrodden cities. It has been in decline since the late 1960s for a variety of reasons. There have been some signs of improvement here and there in the last few years, but the problems are almost impossible to address. Detroit has lost a massive chunk of its population, large swaths of it are abandoned, poverty is rampant, and the economy is not the greatest. In March, the state of Michigan took over the finances of the city. It’s not a bright picture. Last weekend, I read this article in the Times about Dan Gilbert, a local wealthy business, who is investing in downtown Detroit and trying to bring life back to it. He’s already spent a billion dollars to do it. It’s a noble cause. Yes, he wants to make money too. So see what happens. Maybe the downtown will start growing and create a multiplier effect.

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