Research indicates when a company locates in your community, hires a workforce, and pays wages, for every dollar paid in wages, that dollar is spent seven times over. In other words, seven people benefit from each dollar paid in wages and salaries.
With that in mind, many residents in Sandusky County remember the employment they had with the companies that are no loner here: Acme Cleveland, Cal Van Tools, Chemitrol Chemical, Christy Co., Clauss Cutlery, Continental Fremont, D-G Trim, Double D Machine, Epco, Eaton Controls, Franks Machine, Fremont Battery, Fremont Special Machines, Fremont Foundry, Fremont Laundry, Great Lakes Sugar, Grove Machine, Husky, S.E. Hyman, Imperial Plating, Independent Pipe, Infant Items, Kellogg (Sunshine Biscuit), Kelsey Hayes, Kingsway, KOT, Nickels Bakery, Ohio Tank, Park Ohio, Peter Eckridge, Quikcut, Roadway Express, Troy Laundry, Union Carbide, and Yerges Manufacturing.
Many U.S. cities have lost proportionate amounts and the effects are devastating. The residents vote in taxes to support special projects and improvements while businesses often secure tax abatements which many times have a negative effect.
When businesses close shop, more expense and taxes are imposed on the residents. In hundreds of cities where minimal wages prevail, the chances of increased poverty, violence and crime exist. Thus, school systems and community improvements suffer. The dream of prospering and getting ahead is slipping away for millions of Americans. I believe this trend has happened not by accident, but by design and a reversal is merely a dream.