[Dilbert San Diego]

This will result in many more than 1400 job losses.

Remember that 2/3 of the economy is consumer spending, everything from people going to the movies, to going to Starbucks, to going grocery shopping, to shopping at department stores, to going to bars and restaurants.

So, these 1400 jobs support many more jobs in the various consumer service businesses such as I’ve noted here.

I’ve seen some calculations that the number of jobs lost when a major employer cuts jobs can end up being double or even triple the number of jobs eliminated, as cascading layoffs occur in those consumer service businesses.

[niteowl77]

I’ve seen some calculations that the number of jobs lost when a major employer cuts jobs can end up being double or even triple the number of jobs eliminated, as cascading layoffs occur in those consumer service businesses.

Though not in the immediate area, we watched when Fort Dodge, IA lost the Hormel packing and processing plant in the 1980's; the whole town changed forever, and it wasn't for the better. You don't heave a rock like that into a pond without a big splash and a hell of a lot of ripples.

Mr. niteowl77

[Dana1960]

No kidding.

I recommend that every FReeper go to the library and get this book:

Boom, Bust & Exodus

http://www.amazon.com/Boom-Bust-Exodus-Maquilas-Cities/dp/0199765618

I borrowed it from the library and read it. I promise you DJT has read it too.

[deweyfrank]

But...But...The Dems say a trickle down economy can't work. This scenario can't be realistic. /s

[citizen]

In addition to the commercial/retail businesses supported by the paychecks of the factory workers, I would guess that there are many area companies that supply parts and shipping, etc., directly to the Carrier facility. All these businesses will be affected - some to the point of closure, thus further impacting the day-to-day trade in the area’s secondary retail stores.