Thursday, May 1, 2008

ELECTION '08

ISSUES IN OHIO AND FLORIDA

These two states will probably decide the outcome of the presidential election.

Living in Michigan and having family in Ohio has made me aware that Ohio has a weak economy. Saw a story on Google Finance about Home Depot closing some stores in Ohio. It struck me the Ohio economy may be struggling even more than I thought. Link to story is HERE and below.

Problems in Ohio &/or Florida
  • Shrinking job base
  • High fuel costs
  • Slowdown in tourism
  • Rapid decline in home prices [condos included]
  • Foreclosures occurring at a elevated rate

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