Though much smaller, Central Falls filed for bankruptcy in 2011 citing many of the same problems now seen in Detroit -- mismanagement, reduced state and federal aid and skyrocketing health care and pension costs.
It's a new day in Detroit and there is much excitement by many for Detroit's economic recovery, entrepreneurship and social entrepreneurship boom, technology revolution, and the surge of creativity charging the city.
When the national economy was hemorrhaging jobs, Michigan faced an especially difficult climate. Through resolve, creative thinking and cooperation between public and private entities, GE's leaders breathed new life into our future.
Let me say, as a young gentrifier, it's not that easy. Aside from my daily struggle of squeezing my legs into my skinny jeans, life is not a trust-fund joyride when you're a partially employed member of Detroit's creative class.