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In response to
"One of these days a city may actually force the company's hand. But so far, the companies always get what they want."
by
Jim
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Just look at Los Angeles. Whether a city can weather the loss of a huge employer depends a lot on how diversified the local economy is.
Posted by
con_carne
Oct 12 '11, 08:56
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Watching large companies move away because we don't want to bend over for them in a variety of ways is pretty much a sport here. We've paid for it. LA's unemployment rate is 12 per cent, compared to the national 9.1. But guess what: if your local economy isn't so crucially dependent on that one company or industry...
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