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 - Chores - by Frank Young. The ceaseless passing of time! It is at once our friend and our enemy. It measures our progress and it makes us old. Like most features of our life, few things are all good or all bad, and most such judgments depend on our own perspective or viewpoint. In our particular hobby, we enjoy the nostalgic return to the days of our youth as we recreate many of the scenes that took place on the family farm that served as the stage for the first few acts of the play that is our live
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