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Cody L. Custis

'New York City, as the beneficiary of bailout money, also does not have the unemployment rate of say Detroit.'

I was feeling feisty remembering the government intervention for GM, so I asked Uncle Google about bailout money by state. Turns out, Michigan got the third largest bailout at $83 billion, which is about the same, per capita, as New York. DeeCee with a population of half a million, recieved $104 billion in bailout money, or $208,000 for each individual.



Cody: thanks for the link. Useful materials. Your point about autos being bailed out too is valid. Would be nice if there are city comparisons rather than state comparisons. I suspect the financial industry is much more concentrated in the city than the auto industry is in the city.

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