Even before Detroit's bankruptcy, there was an "Us vs. Them" attitude between the city and its suburbs.
The Impact Of Bank Layoffs In The Valley
Kristena Hansen of The Phoenix Business Journal has been reporting on the layoffs. You can follow her on Twitter @PhxBizKristena.
But how much of an impact will these layoffs have on overall employment in the Valley? Lee McPheters, research professor of economics at Arizona State University's W.P. Carey School gave his opinion.