Job Cuts, Factory Slump Probably Worsened
The recession engulfing the U.S. economy deepened this month as employers slashed more jobs and manufacturing contracted at the fastest pace in a quarter century, economists said before reports this week.
Payrolls shrank by 320,000 workers in November, the biggest one-month drop since the 2001 terrorist attacks, according to the median estimate of economists surveyed by Bloomberg News before the Labor Department’s Dec. 5 report. The jobless rate ...
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The news is full of people saying there's only one president, but Obama's doing the right thing getting his own people in place and working with Bush's people to gets Obama'a policies in place because either way you look at it, this is a long term fix that Bush and his cronies have left to to the American people.