Wednesday, April 23, 2008

mccain was in youngstown on tuesday

from an article in the Business-Journal:
McCain Fields Questions About Economy at Forum
While he sympathized with those workers who have lost the types of manufacturing jobs held by their family for generation, McCain warned that the future of the U.S. economy lies in new technologies and not old industries.

“We are undergoing a transformation the likes of which the world has not seen since the Industrial revolution,” he said. Many thousands of people now are earning a living in new information technology jobs, he noted, with companies such as Google, Yahoo and Microsoft.

“What comfort is that to someone in Youngstown? What we’ve got to do is provide education and training programs that work,“ he said. “I can’t tell you those steel mills are coming back. I can tell you I’m going to do everything in my power to provide people the necessary education and training to have a better job and a better future than the one their parents had.”

Worker retraining “is a huge deal,” said Carly Fiorina, former chief executive officer of Hewlett-Packard, who accompanied the Arizona senator on his trip to Youngstown. “There are a lot of communities like Youngstown where people are out of work and don’t have the skills to go after the new jobs,” she said.

from another article in today's Business-Journal:
Two Manufacturers Supply Backdrop for McCain Visit
Fab Art Inc. is an “old economy” company struggling to survive. Fireline Inc. is a cutting-edge manufacturer that’s so successful nearly every commercial jet airliner in service today uses parts made from the company’s products.

The tale of these two businesses, in this poster city for presidential campaigns, provided backdrops for U.S. Sen. John McCain’s visit Tuesday, as he juxtaposed one segment of the economy that is suffering, and another that is making use of education, training, new ideas, and innovation to grow.

Since October, Fireline has hired 21 and expects about a 30% increase in business this year, said Roger Jones, chairman. “We’ve cornered the market with our product,” he said. Fireline employs 103.

Fireline’s success is an example of what can be achieved with the proper business know-how and training among its work force, McCain stressed, and lauded the company’s partnership with YSU.

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kudos goes to Dan O'Brien and George Nelson of the B "hyphen" J for two outstanding articles.

creative destruction on display by the republican nominee.

Schumpeter might be proud.

1 comment: said...

He got my vote.