Tuesday, January 27, 2009

What Recession??

I was pointed by a friend to a CURRENT web page from the National Republican Congressional Committee that states among other things that the "U.S. economy is robust," and that "job creation is strong." Looks like the NRCC might want to check the headlines of recent days. I have heard the following layoffs announced in 2009:

Caterpillar - 20,000
G.M. - 2,000
Texas Instruments 1,800
Sprint/Nextel - 8,000
Phizer/Wyeth - 8,000
Home Depot - 7,000
Circuit City - 30,000
Google - 500
Cessena - 2,000
Motorola - 4,000
Hertz Rentals - 4,000

There is some strong job growth! Click here to read the hilarity at the NRCC.

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