glenn
2010-12-22 07:29:40
I actually saw this happen first hand in a manufacturing company in California. We sold good quality products all over North America and provided union jobs with health insurance and a decent pension plan for as many as 400 people. I was lucky enough to retire before the ax fell (actually it was more like a thousand penknives)but at the end 200 people lost their jobs. All the factory buildings have been torn down and now the property sits idle. Funny part was how much more co-operative the regulators became when the end was near. Some of them were even polite. Now they are after the farmers. And with Ag exports being about the last cash flow the state has from selling something real I don’t see a way out of this one.
