Get BlazeTV
News

Detroit is actually in better shape than America

FILE - In a Dec. 12, 2008 file photo, a pedestrian walks by graffiti in downtown Detroit. On Thursday, July 18, 2013 Detroit became the largest city in U.S. history to file for bankruptcy when State-appointed emergency manager Kevyn Orr asked a federal judge for municipal bankruptcy protection. (AP Photo/Carlos Osorio, FILE)

The city of Detroit has filed for bankruptcy, but it would likely surprise most Americans to know that its debt ratio is actually a lot better than the federal government's.

The only difference? Detroit doesn't have the ability to print more money.

Via the Heritage Foundation:

One last thing…
Watch TheBlaze live and on demand on any device, anywhere, anytime.
try premium
Exclusive video
All Videos
Watch BlazeTV on your favorite device, anytime, anywhere.
Subscribe Now
Recommended
Daily News Highlights

Get the news that matters most delivered directly to your inbox.