42: Local Economies: Unexpected Closures and Steady Growth Guest: Jim McTague Jim McTague reports on unusual economic fault lines in Lancaster County, Pennsylvania, where a manufacturer and two restaurant chains closed due to slow business, though a major eco
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 1 November 2025
⏱️ 9 minutes
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| 0:00.0 | This is CBS Eye on the World. |
| 0:08.5 | Here's John Batchelor. |
| 0:11.8 | This is CBSI on the world. |
| 0:13.8 | I'm John Batchelor to Jim McTague, |
| 0:15.9 | former Washington editor of Barron's Magazine, |
| 0:18.7 | now a novelist in Lancaster County, |
| 0:20.4 | and moving from Lancaster |
| 0:22.4 | County to Indiana. And along the way, we hear about our economy and how it's doing in practice, |
| 0:29.3 | not the way we want it to be, the way it is. Jim, I begin in Lancaster County. Unusually, |
| 0:35.5 | you've had rosy reports about the product list in the county, now adding |
| 0:40.8 | data centers to the high end, to low-end, excellent corn that they give away for weeks in |
| 0:48.5 | September. However, you tell me that there's been unusual shutdowns this week. What's happened? |
| 0:54.5 | Good evening to you. |
| 0:55.7 | Good evening, John. |
| 0:56.4 | This month, October, you know, in the state of Pennsylvania, when you're going to lay |
| 1:00.1 | people off, you have to give a notice. |
| 1:02.3 | You have to give like 60 to 90 days notice. |
| 1:05.8 | Well, in October, for the first time in a whole year, Lancaster has had two restaurant chains and a manufacturer give notice in Effort of PA, |
| 1:16.4 | Morgan Truck Body, which has manufacturing locations all over the United States, |
| 1:21.8 | closed its effort of plant laying off 92 people, no reason given. |
| 1:28.4 | We have a local deli chain called Isaacs that is much loved in Lancaster County, some in New York |
| 1:35.7 | County. |
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