Thursday, July 2, 2009

From the president who promised to save jobs...

Today’s report showed factory payrolls fell by 136,000 after decreasing 156,000 the prior month. Economists forecast a drop of 150,000. The drop included a decline of 26,500 jobs in auto manufacturing and parts industries.

It is almost incomprehensible that this guy ran on a promise to save jobs, then he puts GM and Chrysler into bankruptcy. On the other hand, Wall Street firms (apart from banks) got hundreds of billions $!

No comments: