While politicians stall on a bailout plan due to personal differences with the auto industry, a city in Wisconsin will get ready for life after a plant closure.
The GM assembly plant in Janesville, one of the oldest plants in the country, will close in seven days and put its final 1200 workers on the unemployment line right before Christmas.
According to an article in the Milwaukee Journal Sentinel, the ripple of the plant closing will send about 9000 jobs crashing with it, with every industry from pizza delivery to day care affected.
Tax revenue will also decrease in the area from people leaving the area in search of new jobs and less spending by the people who stay.
This is a microcosm of what will happen in cities across the country that are homes to auto plants, which normally reside in areas where they are the biggest game in town.
The senators who are holding up the bailout plan because of their own personal grudges with the UAW and the execs from the Detroit Three need to take towns like Janesville into consideration as well while they sit on a six figure check in one of the most meaningless legislative bodies and have the nerve to pass judgement on what somebody else should and shouldn't be doing.
No comments:
Post a Comment