Jobs
U.S. employers cut workers from their payrolls for the sixth straight month
in June for the longest losing employment streak since 2002, government data on
Thursday showed.A separate report showed new applications for jobless benefits hurdling to
404,000, suggesting further weakness ahead for employment.
- FILED UNDER: Editor Posts, Economy
- July 3, 2008
The United States economy
The United States economy has been declining for each of the past 7 years. We are now in free fall. While I have little confidence that Barak Obama will do anything to address the problem (since he is more of a Rockefeller Republican than a New Dealer), I know that John McCain will follow the Regan/Bush/(Clinton)/Bush path to perdition!
It is a shame that Robert Reich isn't running for President. At least his economic policy suggestions make sense - tax cut for the low and middle earner, tax increases for the richest Americans and massive Government investment in infrastructure and alternative energy.
- parent
By RocketjsquirellJuly 3, 2008 - 3:54pm