Monday, May 17, 2004
Ohio Plant Used By Bush as Proof of Economic Success Shuts Down
I hope the Shrub never makes his way down Westchase Boulevard!
From Counterspin:
"Timken is slashing a quarter of its employees in Canton, and as workers facing layoffs consider their future, the ripple effect is already beginning.
"How can I afford to get married, afford a house payment, maybe kids, if I don't have a job?" said Timken employee Shawn Higgins.
Timken is Canton's biggest employer, and it is reported that 1,300 jobs are to be cut. Former Mayor Richard Watkins, who led the city for 12 years, knows how enormous the impact of such a downsizing can be.
"It isn't just about Timken," said Watkins. "Other jobs are affected. If (people) can't spend money, the smaller entrepreneur won't be able to stay in business."
Ironically, it was a little more than a year ago when President George W. Bush visited Timken's world headquarters heralding his tax cut and job creation plan. Now this very company's job cuts will be a major blow to the economy in Canton."
|
