Termyn8or -> RE: Real Economic Indicators from Cleveland (11/1/2008 7:57:16 AM)
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Cleveland rocks and being the rock and roll capitol of the world is a bunch of hype. Country is actually more popular, and take away the rappers and hiphoppers, rockers are not in the majority. As to the economy here, I am a native Clevelander so I don't see it as all that bad. I'm not pleased to say that this is because it has always been bad. Cleveland doing well seems to have ended with my birth. We have had so many jobs shipped out of here, of all kinds that it's not funny. We natives are used to it. Now National City Bank is taking a walk. Citibamk used to be here, it seems everyone forgot about that. Many of these jobs were not all that great, but they beat nothing. May bank took a walk several years ago, which was a major processing center for credit card transactions. Retail outlets are closing up, Value City is closing up, shutting down. That is that. Again, not the best jobs, but jobs. Manufacturing is all but gone. In that industry my neighbor used to make $58K a year, he now makes less than $25K and is losing his house, even though he is working full time. I am down to two days a week and just barely sqeaking by, and I won't be able to maintain that for very long. My former aspirations of starting a business might become a necessity, but the reason I am down to two days is because people have no money to pay, so would a business even help ? It is getting so bad that I rarely see panhandlers anymore, I think they are getting the idea that nobody has any money, or at least what they think they should. And when you bring up the city of Cleveland proper, not the suburbs, things are even worse. Most major retailers have moved out, we don't even have a Sears. Even grocery stores are moving out. But we natives are used to it. T
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