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Toledo is too reliant on the auto industry

By chrismyers - Posted on June 17th, 2009
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Regardless of what people say about Toledo diversifying its economy, Toledo is at the mercy of auto makers. And being that automakers' future is still not certain, Toledo has a problem on its hands.

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Well, we'd better prepare for
Submitted by GuestZero on Thu, 2009-06-18 11:56.

Well, we'd better prepare for this sort of future at any rate:

Retailers Head for Exits in Detroit
http://finance.yahoo.com/family-home/article/107206/retailers-head-for-e...

«The city's 22.8% unemployment rate is among the highest in the U.S.; 30% of residents are on food stamps.

"As the city loses so much, the tax base shrinks and the city has to cut back services," said Margaret Dewar, a professor of urban planning at the University of Michigan. That causes such hassles for retailers as longer police-response times, as well as less-frequent snow plowing and trash pickup.»

Economy
Submitted by supermom1 on Fri, 2009-06-19 11:50.

Maybe if people did pay attention to other cities that are thriving places to live, they might see that there are numerous amounts of different kinds of businesses. When I first moved here and got a job, the job was moving out of Toledo because of the taxes they were being charged. The more businesses, the more level taxes can be charged and so on. Why can't these elected officials and others see that?
Duh!

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