Our state can lay foundation for prosperity

Commentary | March 18, 2009 | By John Burbank | Real Change News

As of today, thousands of P-I readers are victims of the latest out-of-state corporate cost-cutting decision. And who knows which will be the next business to be taken down? The loss of the P-I showcases our powerlessness in this great recession. We are unsure of our jobs, our mortgages, our credit card balances, our health coverage, our kids' college tuition. If it isn't the stock market roller coaster, it's Boeing cutting back employment, airlines canceling 787 orders, Microsoft laying off workers, and boarded up store fronts from local businesses gone bust. The demise of the P-I fits right into this era of hopelessness and fear.

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Posted in Column, State Economy