As private pay plummets, public pay in Ohio increases - Dr. Thomas Traynor quoted

19 February 2011, Port Clinton News Harold.com By: Russ Zimmer, an excerpt of the article “As private pay plummets, public pay in Ohio increases”

A plunge in spending by state and local governments will slow the growth rate of the economy, but is unlikely to stop it in this instance, said Tom Traynor, professor and chair of Wright State University's economics department. This is because the positive potential effect contracting government -- making Ohio more competitive for business -- won't be immediately realized, but the reduced earnings of public employees will. Many states are facing the