Philanthropy Can Help Save Rust Belt Cities, If Labor Helps Too - Forbes: "But theirs is a story with a lesson that goes beyond Detroit—and could, if rightly understood, be extended to include—and give new life to—other Rust Belt cities. Like Detroit, Cleveland, Buffalo, St. Louis and especially Chicago are straining under the burden of “legacy costs” and a paralyzed politics that’s been unable to deal with them, even as city services erode. (So, too, does recently-notorious Flint, Michigan.) In a new paper for the Manhattan Institute, I run some numbers and find that a Detroit-style “grand bargain” approach could—with the same level of financial contributions from both big philanthropy and organized labor"
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