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When factories leave, painful ripples are felt all around town
The Centre Daily Times ^
| Monday, September 08, 2003
| JAMES P. MILLER - Chicago Tribune
Posted on 09/08/2003 10:29:11 AM PDT by Willie Green
GALESBURG, Ill. - (KRT) - More than a year remains before Maytag Corp. finally pulls the plug on its 1,600-worker refrigerator factory here.
But already, economic shock waves from the planned shutdown have begun to ripple outward from this prairie town, killing the jobs of hundreds of non-Maytag workers and threatening to claim as many as 2,000 more, including nurses, postal workers, mechanics and schoolteachers whose work has no connection with the appliance maker.
For decades, growth-minded rural towns have vied to attract manufacturers by offering tax breaks and other incentives. The expansion strategy is based on what economists call the "multiplier effect": When a new employer comes to town, the influx of new payroll money creates jobs throughout the local economy, as workers begin buying new homes, cars and other goods and services.
(Excerpt) Read more at centredaily.com ...
TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Government; US: Illinois
KEYWORDS: globalism; maytag; thebusheconomy
To: Willie Green
I hate populists.
To: Willie Green
Further down the article:
"For U.S. workers who lose their jobs to foreign competition, the federal government provides funding to cover training in a new career, says Bevard, the local union official. But with the town's prospects so unpromising, he says bitterly, "guys ask me, `What job should I train for?' "
There's the real problem. Unions kill jobs.
3
posted on
09/08/2003 10:34:13 AM PDT
by
MonroeDNA
(No longshoremen were injured to produce this tagline.)
To: Texas_Dawg
As more and more jobs leave this country you will see more of this. People are starting to ask why and then they ask what will be done about it. They will vote for whoever promises to bring back the jobs. And for the record when you lose a $20 an hour job at a factory and get 2 $10 hour jobs in service it is not the same. The economy is the only issue the dems have to win next year. But, it may be enough.
4
posted on
09/08/2003 10:34:48 AM PDT
by
scottlang
To: Texas_Dawg
Yes, but this is the only topic and only material on which Willy Green posts. I think he wants to educated us out of our conservative beleifs; it's his way to do a teach-in on anti-capitalism.
5
posted on
09/08/2003 10:35:41 AM PDT
by
TopQuark
To: scottlang
Free trade is proving to be quite expensive to the average working man in this country.
6
posted on
09/08/2003 10:36:33 AM PDT
by
scottlang
To: scottlang
"Free trade is proving to be quite expensive to the average working man in this country."
It may also prove to be expensive for any/all elected officials who don't recognize the anger that losing a job creates. The rooster may soon crow in towns/villages & cities all across the country.
To: scottlang
8
posted on
09/08/2003 10:43:50 AM PDT
by
MonroeDNA
(No longshoremen were injured to produce this tagline.)
To: scottlang
Actually, one of the reasons Maytag is moving the plant to Mexico is because Bush imposed steel tariffs. Sorry.
9
posted on
09/08/2003 10:46:26 AM PDT
by
1rudeboy
To: MonroeDNA
Comment #11 Removed by Moderator
To: Texas_Dawg
I hate populists.
pop·u·list ( P ) Pronunciation Key (ppy-lst) n.
- A supporter of the rights and power of the people.
No doubt you do.
12
posted on
09/08/2003 10:56:32 AM PDT
by
Lazamataz
(I am the extended middle finger in the fist of life.)
To: raggededge
Maytag's management has been splintered by one incompetent after another. Galesburg's cost are no different than Newton's.
To: Willie Green
Painful nipples?
To: Willie Green
Good Ol' Lane Evans producing dependancy for another generation in the 17th!
15
posted on
09/08/2003 12:13:53 PM PDT
by
STD
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