Wednesday, November 23, 2005
PMO: Flawed auto plan to drain state revenues
Policy Matters Ohio also gives thumbs down on the proposed assistance package to automakers in Ohio that we have also denounced as horrible policy:
[W]e believe this is a flawed bill that should not move forward in its current form. The state should find better ways to support automotive jobs and workers. One example might be expanded initiatives to support the development of high-value-added products for a more diversified customer base at plants that are clearly threatened.
Others might include targeted assistance for other local firms that expand to employ laid-off auto workers at good pay and benefits, and retraining for workers who lose jobs because of the likely shutdowns.