We have been losing jobs since 2000. About 950K, out of a state population of 10M. We didn't have a whole lot of goofy loans here, because our real estate never took off like Cali or Florida. But I think we are kinda used to it now. It wasn't only the auto industry that fell off here, it was also other manufacturing, Whirlpool, Steelcase, a lot of other furniture firms, supply firms of all types, construction, and tourism, which was the #2 industry. Kinda the perfect storm here. Good example was Electrolux, a company that had a plant that employed about 2K workers. They made compressors for refrigerators. Paid about $12 - 15 per hour. Electrolux moved the plant to Mexico. The state tried to save it, offered to give them a new plant. But wages of $3 per hour, all in, won out. The lure of easy money has a very strong appeal!! Basically the economy sucks, but we are getting used to it. One electrical engineer I know told me he put out 700 resumes, has had a few interviews, but nothing with benefits, he has a young family, needs the insurance. He hasn't worked in a year. My dentist is down to working with his wife and one assistant. He used to have 3 assistants and a full time receptionist. He told me he is looking for a smaller office, to cut his overhead. A lot of people don't have insurance now. I retired when my plant was closing. Basically, not gotten much better.
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Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
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