Sunday, March 24, 2013

Bloomberg News: Racism helps create fiscal distress in cities



David Unkovic, who recently resigned as the state imposed city manager  of Harrisburg, PA says the racial segregation is forcing cities into fiscal problems. The story from Bloomberg is here.  Essentially racial segregation has trapped poor people into cities limiting cities ability to raise tax revenues.  Harrisburg is 70% black and surrounded by lily white suburbs.

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