This ripples to the banking industry, which recently has had a lower number of walkaways from mortgage payments, and will now see the number go back up again. The travel company won't get the commission for the summer trip. Liberty House won't sell jeans and running shoes. The computer store won't sell the computer the family was saving for. The new weed wacker has to wait.
Nothing goes into savings.
The state saves lots of money every day it doesn't pay the teachers. But if teachers' money isn't circulating in the community, the state will collect a lot less tax money. World-wide perception will grow that we are a shaky place to visit or do business. The six years the governor has worked to improve our economy may result in zero because of the damage of a strike in our education business. Marilyn Bornhorst Teachers may lose public support Teachers' union beware.