Previous Chapter Chapter 3: Philadelphia: The Slide toward Municipal Bankruptcy Next Chapter

Carolyn Teich Adams

In: Big City Politics in Transition

Chapter 3: Philadelphia: The Slide toward Municipal Bankruptcy

  • Citations
  • Add to My List
  • Text Size

Philadelphia: The Slide toward Municipal Bankruptcy
Philadelphia: The slide toward municipal bankruptcy
Carolyn TeichAdams

IN THE 1980S, for the first time in decades, observers of Philadelphia's economy glimpsed signs of vigor. The city entered the 1980s well positioned to benefit from the national economic trend toward services, having an even larger percentage of its workers in service jobs than did the nation as a whole. As in Boston, Baltimore, and other Northeastern cities, the new service economy brought thousands of new jobs to Philadelphia and reshaped the downtown skyline, spawning new office towers, hotels and condominiums. Despite this boom in the decade just past, Philadelphia's city government entered the 1990s facing its worst fiscal crisis in 50 years. Philadelphians' average tax bill was among the highest in ...

Looks like you do not have access to this content.

Login

Don’t know how to login?

Click here for free trial login.

Back to Top

Copy and paste the following HTML into your website