Comparing Ford’s Approach to NYC’s Bankruptcy to Obama’s Approach to Detroit’s Bankruptcy

Back in the early 70s, when faced with the possibility of a New York City bankruptcy, President Ford stated he was opposed to any federal bailout of the city. This led to the now famous New York Daily News Headline: “Ford to City: Drop Dead”

I believe this contrasts sharply to what President Obama said Detroit: “Lazarus, Come forth!”

About unredundant

I am an American expat living in Tokyo, Japan. I love interacting with people so feel free to comment or ask questions. Thank you so much for dropping by!

Posted on August 18, 2013, in Uncategorized and tagged , , , . Bookmark the permalink. Leave a comment.

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