Skip to main content

View Diary: Detroit schools emergency manager raises class size to emergency levels (81 comments)

Comment Preferences

  •  Debt (13+ / 0-)
    Money is also being dedicated to debt service that could reasonably be sent to the classrooms serving Detroit's schoolchildren
    Welcome to America in the 21st century.

    We could very easily make the same claim about the national budget.

    Hundreds of billions a year wasted on debt service that could be going towards productive investment. God forbid interest rates ever normalize, the debt service will be crippling to the national budget.

    The chickens are now coming home to roost all over the country as we are up to our eyeballs in debt and more and more of our state/local/federal budgets go towards debt service instead of things that can actually help and benefit citizens.

    It is shameful how little we have to show for the debt we have incurred and are still paying on.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site