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Old 10-13-2008, 04:44 PM
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FSETH FSETH is offline
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Location: Marietta, GA
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Quote:
Originally Posted by Krimson X
You tell the people in Ohio that they are lazy and don't want to work.
Here is the problem with Ohio. In many parts of the state they are stuck in the Industrial age. It is getting better though and some new technology business are opening their doors. I lived there the first half of my life and visit all the time. I was just outside Cleveland last week. The whole state is very industrial and aggricultural based. The Steel Mill of all places is the big draw in the city of Lorian, just west of Cleveland. The Ford plant has closed down a few large plants in the area and no new industries are moving in.

Areas like this are hit really hard when the real estate market takes a turn for the worse because the real estate and construction industries have such an impact on every other aspect of the market. The less people buy cars the less auto plants need steel then people get laid off, homes go into foreclosure, and so on.
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