It's a theme I've often repeated here at TDS...while the national media keeps selling the bogus "recovery" narrative, the local outlets haven't received the message. Here is the Baltimore Business Journal with the details:
Phillips Foods Inc. plans to close its Locust Point manufacturing and distribution facility in July, a move that will result in the loss of 100 jobs.On a national level, statistics can be used to try and hide the ongoing devastation in the economy. But businesses have to make decisions based upon real world conditions. It's just that simple.
The seafood distributor said the layoffs will impact 13 percent of its Maryland workforce.
As part of the move, Phillips is shifting its warehousing and distribution to Baltimore-based Merchants Terminal Corp. with additional support from Dot Foods.
“We moved into our current plant in 2002 in hopes of growing our company, but given the difficult economic conditions and industry dynamics, we have not grown as we anticipated,” Phillips spokeswoman Caroline Tippett said in a statement. “Our Baltimore plant is simply too big, and we don’t have the capacity to fill the space.”
And the beat goes on. I went to my local farmstand and bought three bunches of asparagus, not huge, they were wrapped in rubber bands. Over $17.00.
ReplyDeleteAn good essay, "Last Words to an America in Decline", in case you missed it, published posthumously:
http://www.commondreams.org/view/2012/05/07-0
O/T, no need to post, I just happened to see this: http://www.lettersofnote.com/2012/04/bill-hicks-on-freedom-of-speech.html
ReplyDeleteIt is no wonder - the way onsite agency is stealing wages from all the poor black youths that are already struggling. Someone must tell them that stealers never profit- no matter how large they are.
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