As Detroit nears the possible appointment of an emergency financial manager, it's important to note that although the current pace of change is not as rapid as necessary to extinguish this fiscal crisis, we have made progress since 2009.
Recent legislation from Governor Snyder and the Michigan state legislature has sought to strip away power from local municipalities and from the people. At the top of the list is the whole concept of the Financial Manager.
Cutting expense alone is overly simplistic and shortsighted. To be successful, Detroit must cut expense and increase its revenues. With a workable and attractive plan for the future, Detroit can be great again.