Cross-posted at Blue Commonwealth
This story was all too common even before the Feds' shocking epiphany that we are (gasp!) in a recession. In the newscast, Appomattox Town Councilman Bryan Baine touched on a simple economic lesson that Southside has learned and that Senate Republicans would do well to learn: in small towns, every job loss hurts everyone else. Ripple effects shut down shops and close up storefronts, leading to more job losses, and the cycle repeats. A simple stroll through Bassett or Uptown Martinsville provides a perfect example of this phenomenon.
This is what I worry might happen in small towns across the country if auto-related businesses are allowed to fail along with the Big 3. I hope and pray that the folks in Boones Mill and Appomattox will find new jobs quickly, and that the new administration can help put things back on track.
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