February 28Feb 28 On 11/7/2024 at 9:20 AM, Zyrokai said: The thing about Ohio swinging so hard to the right is that.....we're not alone. I was actually pretty bummed at the state of everything in this state prior to the election, but then once I realized that nearly every single county of every single state swung hard to the right, I realized it's a problem with America and not just Ohio. Or perhaps the problem is with the Democratic Party.
February 28Feb 28 21 minutes ago, E Rocc said: Or perhaps the problem is with the Democratic Party. Or with the voting equipment. See, we can do it too. Back to economy shtuff... "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
February 28Feb 28 Not to mention all of the voters purged as red states look to solidify their power. All things being equal IF every one who wanted to vote did there would be very different outcomes nationally. Republican's who control the state voting mechanism know this. Hence, their efforts to limit voting access. Voter supression is real despite their denials.
March 26Mar 26 No Ohio properties are listed among the properties scheduled for accelerated disposal by the Feds. https://www.gsa.gov/real-estate/real-estate-services/real-property-disposition/assets-identified-for-accelerated-disposition Remember: It's the Year of the Snake
April 23Apr 23 On 3/19/2024 at 8:12 AM, VintageLife said: Toledo’s fall is so insane. They had insane wealth and should have been a major player in everything. It's still here in Perrysburg and Ottawa Hills, Toledo Museum of Art; but a lot of the wealth left for Naples FL.
April 23Apr 23 1 hour ago, westerninterloper said: It's still here in Perrysburg and Ottawa Hills, Toledo Museum of Art; but a lot of the wealth left for Naples FL. Toledo is doing a pretty good job of building up their downtown. I grew up in northwest Ohio and will always have a soft spot for Toledo. I’m hoping they can recover and be great again. They have built a lot of new stuff downtown and have invested a ton in a riverside park that is beautiful.
April 24Apr 24 P&G puts annual tariff impact at $1 billion-plus, could raise prices in ‘challenging and volatile environment’ “We will have to pull every lever we have in our arsenal to mitigate the impact of tariffs within our cost structure,” Schulten said. That includes likely raising prices as well as changing its sourcing of products and materials, changing formulation when possible and improving productivity. Likely price increases aren't expected to take place until the next fiscal year begins in July, Moeller told CNBC.
April 24Apr 24 P&G's CEO made $23 million in 2024 in total compensation. COO under $10 million. CFO under $9 million. A subsidiary CEO made $7 million. Any price increase should be in conjunction with extreme drops in their total compensation. If prices go up x dollars, then their total compensations drops x + y amount. Something to that effect. Same with job losses. Cut x% of the work force. then their total compensation reduced x+y%. Really, that should be the rule for all companies.
April 24Apr 24 7 minutes ago, TBideon said: P&G's CEO made $23 million in 2024 in total compensation. COO under $10 million. CFO under $9 million. A subsidiary CEO made $7 million. Any price increase should be in conjunction with extreme drops in their total compensation. If prices go up x dollars, then their total compensations drops x + y amount. Something to that effect. Same with job losses. Cut x% of the work force. then their total compensation reduced x+y%. Really, that should be the rule for all companies. Instead, those executives are all looking at big bonuses if P&G's losses are less than their competitors'.
April 28Apr 28 Survey: Ohio Businesses Say Trump Tariffs Will Hurt State EconomyEven before President Donald Trump unleashed a barrage of tariffs on April 2, three fourths of businesses surveyed by the Federal Reserve Bank of Cleveland said they would have to raise prices in response. Some said they already were.Rising prices — particularly for people with lower incomes — are thought to be one of the primary factors in Trump’s win last November. If the surveyed businesses are correct in their expectations, Trump’s tariffs will only make it worse.Tariffs are taxes on imports. Trump has sold them as a way to encourage manufacturing and other businesses to return to the United States. Critics say that ignores that manufacturing is increasingly automated, and that many of the jobs filled by workers overseas aren’t attractive to Americans.On April 2, Trump announced sweeping tariffs on the great majority of our trading partners. The announcement was greeted by plunging markets for stocks and bonds, signaling that because of Trump’s unpredictable policies, investors were losing faith in U.S.-backed securities.More below:https://columbusunderground.com/survey-ohio-businesses-say-trump-tariffs-will-hurt-state-economy-ocj1/ "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
April 28Apr 28 On 4/23/2025 at 12:38 PM, westerninterloper said:It's still here in Perrysburg and Ottawa Hills, Toledo Museum of Art; but a lot of the wealth left for Naples FL. The same could be said for Cleveland!!!
April 28Apr 28 Intel plans to lay off 20% of its workforce, according to a report from Bloomberg News. This would come on the heels of earlier layoffs last August. But Gov. Mike DeWine, whose administration encouraged the computer chip maker to build a manufacturing facility in Licking County, said he’s confident in the deal that brought the company to Ohio.Intel is in the process of building two new $28 billion chip-making facilities in Central Ohio. And DeWine said Wednesday afternoon that he believes that will still happen."They put out close to $8 billion into the ground and there's going to be chips that are going to be made there. I will guarantee you that. They're not going to walk away from it," DeWine said. https://www.statenews.org/government-politics/2025-04-23/despite-layoffs-and-delays-dewine-says-he-has-faith-intel-will-make-computer-chips-in-ohioAnyone want to ask DeWine if he remembers how much General Motors invested in Ohio, and how much of that investment has been "walked away from"? I don't think a company will keep pouring money into a project only because they have already poured a lot of money into it. (Any MBAs want to weigh in?)I think Intel will move forward, but I wouldn't be surprised if it ends up being a smaller facility than was initially pitched. We'll see.
April 28Apr 28 3 hours ago, Foraker said:https://www.statenews.org/government-politics/2025-04-23/despite-layoffs-and-delays-dewine-says-he-has-faith-intel-will-make-computer-chips-in-ohioAnyone want to ask DeWine if he remembers how much General Motors invested in Ohio, and how much of that investment has been "walked away from"? I don't think a company will keep pouring money into a project only because they have already poured a lot of money into it. (Any MBAs want to weigh in?)MBA here, that's called Sunk Cost Fallacy.
May 27May 27 Ohio Ranked #6 For Highest Unemployment in AprilOhio had the sixth-highest unemployment of any state in April. The news comes after years of state officials spending billions on economic growth programs tilted heavily toward the wealthy.It might seem ironic, but Ohio’s economy added jobs in April even as unemployment continued to grow. That’s because job growth isn’t keeping up with the numbers joining the workforce. And there are reasons to believe that things will get worse, according to the think tank Policy Matters Ohio.Data released last week by the Ohio Department of Job and Family Services estimated that the state added 22,200 jobs in April. But statewide unemployment rose for the fifth consecutive month, to 4.9%. That’s the sixth-highest of any state, according to the U.S. Bureau of Labor Statistics.Heather Smith, a researcher at Policy Matters Ohio, said the new state data raise some questions.“The civilian labor force has increased at about the same rate as the number of unemployed workers, suggesting that while more Ohioans are entering the job market, they are not all securing employment,” she said in a written statement. “This raises questions around the reported increases in jobs across service-providing industries – why aren’t Ohioans getting hired?”More below:https://columbusunderground.com/ohio-ranked-6-for-highest-unemployment-in-april-ocj1/ "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
May 27May 27 JobsOhio stakes $50M to attract out-of-state skilled workersJobsOhio will ante up $50 million to help hundreds of tech, biotech and advanced manufacturing companies draw skilled employees from other states.The JobsOhio Relocation Incentive aims to draw to Ohio about 3,000 engineers, technicians and others experienced in fields such as biotech and artificial intelligence, the private economic development organization announced Thursday."Ohio cannot be content with maintaining the status quo," Kristi Clouse, senior managing director for talent at JobsOhio, said at the live-streamed quarterly board meeting. Directors had approved the program Wednesday."Today we are adding a brand new tool that will help employers widen the aperture on their recruiting," Clouse said. "It stakes out a clear call to action for the engineers, data scientists and technicians everywhere."More below:https://www.bizjournals.com/dayton/news/2025/05/27/jobsohio-skilled-worker-relocation-incentive.html "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
May 28May 28 ^I have mentioned before I have gotten those emails from JobsOhio on Linked in, so they are trying. Thanks, but no thanks honestly. Ohio is going backward, not forward IMO. My 94 yo Father and 87yo mother lived there all their lives, and think the same thing, so it's not just me being negative. I have had those talks with them, I'd love to be closer to them, but yeah, no.
May 28May 28 10 hours ago, metrocity said:^I have mentioned before I have gotten those emails from JobsOhio on Linked in, so they are trying. Thanks, but no thanks honestly. Ohio is going backward, not forward IMO. My 94 yo Father and 87yo mother lived there all their lives, and think the same thing, so it's not just me being negative. I have had those talks with them, I'd love to be closer to them, but yeah, no.Exactly. How about making Ohio a nice place to live to attract workers?
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