Entries tagged "Milwaukee"
In the spring of 2008, Milwaukee was on the economic rebound. How has Milwaukee fared in the recession? Predictably, not well.
Tuesday's sign that the end times are near: the growing use of scrip, or alternative currencies in lieu of the good old greenback, as noted by the Milwaukee Journal Sentinel. It seems unheard of in the 21st century that a throwback to the 19th century would crop up again. Is our economy really that troubled? In the U.S., scrip was most commonly used in so-called company towns, where a single employer would not only run a factory or mine, but also the general store and other local businesses. To keep out the likes of the Great Atlantic & Pacific...
Milwaukee was left for dead in the early '90s. But the once-vibrant manufacturing center pulled itself up and reinvented itself -- as a 21st-century manufacturing center.