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Eat our rust

a year ago
Hello!
What does "eat our rust" mean? What other similar ways of saying this?
"[GROANS] Oh - Out of a job? You're in luck. - [GASPS] The high-tech start-up company CarGo is moving to Springfield.
I'm proud to announce that we beat out 50 other hopeless cities. Eat our rust, Toledo.
What does the city gain from this deal? Jobs, eight to 12 jobs." (The Simpsons)
Thank you!