Michael LaFaive, director of the Morey Fiscal Policy Initiative, told Bloomberg News that more corporate welfare for a new hockey arena in Detroit won’t solve the city’s ills.

“There’s a long history of politicians promising a renaissance, a comeback, a rebirth, basing their rhetoric … [on] construction of a heavily subsidized building in the city of Detroit,” he said. “And we’ve shown that it hasn’t worked.”

Share More …