Monday, December 30, 2013

Ohio's Economy in the Pits

Business First:

..Ohio's lagging job market is highlighted in starker relief in the latest monthly report from the Federal Reserve Bank of Philadelphia. The bank's coincident index of four economic indicators found only three states failing to make progress from September to November – Alaska, Wyoming and Ohio...

Gov. John Kasich has created a real economic mess in Ohio. There are no jobs, small businesses are failing, large businesses are laying off, and JobsOhio has proven to be an example of the failure of "trickle down" economics. Giving millions of dollars to corporations and CEO's has resulted in nothing for the people of Ohio. Ohio's economy is in the pits.

  Here is a graph from the Philadelphia Fed: