« A Lifeline from the World | Main | A Light Dawns on Economists »

Tuesday, August 28, 2012

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Great thoughts! Living here in Peoria for the past 2 years, I can tell you that sentiment towards CAT is on the rapid decline. However, those lucky enough to have jobs consider them so and often the perception for the rest is that they want a job "just like that one."

As you have explained, the employed of these manufacturing jobs are virtually powerless in this Global Economy ruled by the almighty hourly wage. It's a sad truth, but now reality.

So what do cities do? Continue to hope to reel in the big fish of manufacturing. Packaging together a ransom of incentives to give to these companies who in turn aren't investing the same back into the communities the same way. It's a vicious cycle. City leaders think we are a few hundred manufacturing jobs away from the "old days," but those days are over.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Enter your email address:

Delivered by FeedBurner

Blog powered by Typepad