Wisconsin State Rep. supports job losses
September 25, 2009 | Wisconsin, industry | Comments (1)She says she doesn’t take the potential loss of 1300 payday lending jobs in the state lightly. That’s a real comfort:
Payday lobbyists have visited my office to say that if the industry is too tightly regulated it would fold, leading to the loss of 1,300 jobs around the state. I do not take job loss lightly, but we must also consider the true cost of those jobs. For every Wisconsinite employed in the predatory loan industry, there are 130 consumers hurt by the industry.
Where did she get that? Seem made up at of thin air.
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I wonder how many she calculates were “helped”?