Professor Thomas Sugrue, a Detroit native and the author of “The Origins of Urban Crisis: Race and Inequality in Postwar Detroit” talks with MSNBC’s Richard Lui about the financial crisis in his hometown.
Blue-collar workers poured into the cavernous auto plants of Detroit for generations, confident that a sturdy back and strong work ethic would bring them a house, a car and economic security. It was a place where the American dream came true. Full story
The bailout wasn't enough to remedy the city's serious fiscal problems: the city never developed any real alternatives to create jobs aside from the auto industry, prompting residents to flee as opportunities disappeared and eroding the city's revenue base. Full story
DETROIT (Reuters) - Detroit filed the largest-ever municipal bankruptcy in U.S. history on Thursday, marking a new low for a city that was the cradle of the U.S. automotive industry and setting the stage for a costly court battle with creditors. Full story
The showdown over the “Right to Work” legislation in Michigan could cause a ripple effect across the country – with major implications for working class families and the elected officials who represent them. Democratic strategist Debbie Dingell and former RNC Chairman Michael Steele discuss.
Fiat Chrysler CEO Sergio Marchionne, discusses the impact going over the fiscal cliff could have on the auto industry and the global economy.
Obama senior campaign adviser David Axelrod explains how the economic revival that followed the rescue of the auto industry helped President Obama in Tuesday’s election.
Maddow: Romney campaign has a ‘truthfulness problem’Vice Chair of the National Republican Senatorial Committee, Carly Fiorina; Washington Post columnist E.J. Dionne; New York Times columnist David Brooks; MSNBC’s Rachel Maddow; and NBC’s Chuck Todd discuss the comments being made by both candidates
Ohio Gov. John Kasich tells David Gregory that the job creators deserve the credit for helping raise Ohio’s economic growth.
Ford logos are seen at the assembly line of the Ford car factory of Saarlouis, December 6, 2010. REUTERS/Vincent Kessler
Repairman Jerry Garcia works on an engine on the assembly line at the Ford Cleveland Engine Plant 1 , in Brook Park, Ohio. The American auto industry has made a remarkable turnaround.
People walk past a projector screen before a news conference to announce the Mahindra and Mahindra Ltd. fourth quarter results in Mumbai May 30, 2013. Mahindra and Mahindra Ltd , India's biggest utility vehicle manufacturer, said on Thursday consolidated operating margin for the fiscal fourth quarte
A customer checks out the Mahindra XUV500 on an interactive screen inside the company's showroom in Mumbai May 30, 2013. Mahindra and Mahindra Ltd , India's biggest utility vehicle manufacturer, said on Thursday consolidated operating margin for the fiscal fourth quarter rose to 14.4 percent from 12