Tuesday, April 9, 2013

Grim News: Major Wisconsin Firms Cutting Good Jobs; Walker Fiddles

Facing these recent large-scale and high-profile industrial payroll losses - - Oshkosh and Caterpillar - - on top of two years of failing and falling growth - - you'd expect Walker to junk his politically-inspired austerity schemes for state stimulus actions coordinated on a big-partisan and labor/management basis (and I mean far broader than road-building).

Chances of that happening. Less than zero.

1 comment:

Anonymous said...

Wouldn't it have been a reasonable corporate strategy to plan for diverse product lines in the case that peace was declared? It's sad that there are layoffs but doesn't it seem a little fishy that the corporation has no plan B? Or do they have a plan B that involves locating somewhere else?

And Caterpillar recently asked for looser laws to employ engineers from other countries. It seems clear that they are going to rotate in low wage professionals from China and India to replace American workers.