From 2001-2007 Dayton, Ohio lost 1/3 of all manufacturing jobs due to manufacturing plants

4 months ago
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Wall Street Apes @WallStreetApes
From 2001-2007 Dayton, Ohio lost 1/3 of all manufacturing jobs due to manufacturing plants being sent overseas over bad tariff and trade agreements
“Nearly one in three local jobs in manufacturing vanished during that time. And things only got worse from there”
“Today we're announcing our plan to, over time, cease production at four GM truck assembly plants.”
“Really scaling back their production here in the United States. A lot of that work is going to Mexico and China”
The results of the factories closing on Americans
“The insurance was pretty much unbeatable, and the wages were pretty high. I'd say it probably averaged out around 35 an hour when the plant closed here. Economically, it was devastating for this area, because when you're making that kind of money and something like this closes, it's next to impossible to find something that's compatible.”
2:32 PM · Apr 8, 2025
https://fixupx.com/WallStreetApes/status/1909675716951822609

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