Tuesday, October 23, 2007

Flint and the "Cowboy Economy"

What does Flint have to do with the "cowboy economy"? University of Michigan's Robert M. Beckley explains:

"Flint's most recent master plan was created in the 1960s and projected Flint would grow to 250,000. But instead the cowboy economy caught up with Flint. Since that projection Flint has been used up and discarded by the industrial revolution. A town that once housed more than 190,000 people and was projected to grow to a quarter million now holds fewer than 120,000."

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