Part of the reason Detroit doesn't make an attractive home is that the city's finances are hardly in order. In fact, as pointed out by The Detroit News, the city is negotiating with the State of Michigan to avoid a takeover of the city. Even though a consent agreement is possible, none of this helps Detroit-based corporations like General Motors lure workers into the city's borders.
Current GM CEO Dan Akerson said in an interview that he hopes his company can contribute to Detroit's revival, but "wouldn't pretend to know what the best solution is." Neither would we. Like Akerson, though, we hope the home of the Big Three gets back on its feet with as much solidity as the automakers seem to have managed.