Thursday, January 5, 2012

The Walker Budget Is Already Working! Part LIII

I don't know how many times I have to explain this.

When people lose all or even part of their income, or feel that they are about to, they instinctively cut back on spending. And when people cut back on spending, the first things to go are the niceties, such as going out to eat or catching a movie in a theater.  People also doing things more at home and for themselves. They'll brew a pot of coffee instead of going out for one. Or they'll bake their own cake rather than buying one from a bakery.

We recently learned that over 1,000 people in Central Wisconsin are about to lose their jobs when two major plants are about to be shut down. The ripple effect could cost that many again as other business start to suffer as that money flow stops.

The ripple effect is already being seen, as a baker is about to close, costing 51 people their jobs:
A longtime Stevens Point bakery will close next week because of financial difficulty.

Colligan's Bakery & Cafe, 2201 Division St., will close Jan. 14. The owners also will close the company's production facility, 1733 West River Drive, where they handle baking for the cafe along with wholesale orders for other businesses.

According to a notice sent to the Wisconsin Department of Workforce Development by Lois Colligan, who co-owns the bakery with her husband, Terry, 51 employees will lose their jobs, 26 of which are "low hours or newly hired employees."

"The closing of the business is due to extreme financial hardship and the business will be filing for bankruptcy," Lois Colligan stated in the notice to the state department. The Colligans tried to sell the business but were unsuccessful.
People aren't putting up with Walker concentrating the wealth in the hands of the few super rich campaign donors. It's starting to hurt their families and compelling them to do whatever they can to get the state back on track. Which explains why, even this late into the signature collecting phase and deep into the winter, people are still lining up to sign the petitions.

1 comment:

  1. or maybe obama's fault, or sunspots or aliens or......