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Detroit was hit incredibly hard after the 2008 financial crisis A decade later, the city's financial situation has greatly improved Business is booming, but due to rising rents, some native Detroiters worry they'll have to move Last year, Business Insider's Emmanuel Ocbazghi went to Detroit to get a sense of what the city has given up for its economic recovery MORE GOVERNMENT AND POLITICS CONTENT How To Fold The American Flag Ft Presidential Candidate Rep Seth Moulton s www youtube com watch?v JttJGzoN_ac 9 Times Alexandria Ocasio-Cortez Clapped Back On Twitter s www youtube com watch?v IK3HbyxMRRM How Fox News Uses White Supremacist Language s www youtube com watch?v CqSylNeHjI0 ------------------------------------------------------ #Detroit #Economy #BusinessInsider Business Insider tells you all you need to know about business, finance, tech, retail, and more Visit us at s www businessinsider com Subscribe s www youtube com user businessinsider BI on Facebook s read bi 2xOcEcj BI on Instagram s read bi 2Q2D29T BI on Twitter s read bi 2xCnzGF BI on Amazon Prime read bi PrimeVideo -------------------------------------------------- Detroit's Sacrifice For Economic Recovery

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This talk was given at a local TEDx event, produced independently of the TED Conferences The Great Economic Myth of 2008, challenging the accounting to accounting principal Brian Wesbury is Chief Economist at First Trust Advisors L P , a financial services firm based in Wheaton, Illinois Mr Wesbury has been a member of the Academic Advisory Council of the Federal Reserve Bank of Chicago since 1999 In 2012, he was named a Fellow of the George W Bush Presidential Center in Dallas, TX where he works closely with its 4%-Growth Project His writing appears in various magazines, newspapers and blogs, and he appears regularly on Fox, Bloomberg, CNBCand BNN Canada TV In 1995 and 1996, he served as Chief Economist for the Joint Economic Committee of the U S Congress The Wall Street Journal ranked Mr Wesbury the nation’s #1 U S economic forecaster in 2001, and USA Today ranked him as one of the nation’s top 10 forecasters in 2004 Mr Wesbury began his career in 1982 at the Harris Bank in Chicago Former positions include Vice President and Economist for the Chicago Corporation and Senior Vice President and Chief Economist for Griffin, Kubik, Stephens, & Thompson Mr Wesbury received an M B A from Northwestern University’s Kellogg Graduate School of Management, and a B A in Economics from the University of Montana McGraw-Hill published his first book, The New Era of Wealth, in October 1999 His most recent book, It’s Not As Bad As You Think, was published in November 2009 by John Wiley & Sons In 2011, Mr Wesbury received the University of Montana’s Distinguished Alumni Award This award honors outstanding alumni who have “brought honor to the University, the state or the nation ” There have been 267 recipients of this award out of a potential pool of 91,000 graduates About TEDx, x independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group These local, self-organized events are branded TEDx, where x independently organized TED event The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized * (*Subject to certain rules and regulat

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