MACKINAC ISLAND — As business and political leaders debate and gossip about the future of Detroit at this week’s annual Mackinac Policy Conference, two assumptions seem to be baked into every conversation:
First, Detroit’s reputation for fiscal responsibility couldn’t get any worse. Therefore, the climax to the city’s looming financial crisis — be it a consent agreement, an emergency manager or bankruptcy — will simply be seen as a necessary, if painful, step that may finally usher in a fresh start for the city.
Second, Mike Duggan, CEO of the Detroit Medical Center, will run for mayor of Detroit in 2013, whether or not incumbent Dave Bing seeks re-election.
Duggan, one of 1,600 people on hand at Mackinac this week, told me Tuesday he’s not willing to talk publicly yet about a mayoral run. But others plugged into Detroit’s political scene confirm that Duggan has been sounding out key community figures for several months.
Duggan joined DMC as its CEO in 2004, oversaw the financial turnaround of the debt-ridden nonprofit hospital group and orchestrated its sale to Vanguard Health Systems at the end of 2010.
Read more from Tom Walsh at the Mackinac Policy Conference on FREEP