This is created by and owned by the GOP. This is what happens when you let the GOP run everything without any checks and balances. Bush is getting ready to bring in yet another economic team but the problem is that he's looking for another Kool-Aid drinker who will just go along with his ridiculous agenda of tax cuts for the wealthiest Americans, corporate welfare and over spending. Now who out there remembers being told by this administration and the increasingly delusional Greenspan that high energy prices would not impact the economy? Just because we're closer to the low end of the $40-$60 range does not mean that this range is good. It's still damned expensive, compared to the recent past.
Employers posted 104,530 cuts in November, up 2.6 percent from the previous month, according to a survey sponsored by international outplacement firm Challenger, Gray and Christmas.
"Not only are more companies announcing job cuts, there are more jobs being eliminated in each announcement," said the outplacement firm's chief executive, John Challenger.
"Higher health care and energy costs for employers and employees are definitely taking a toll. Companies are being forced to enact more cost-containment measures to protect profits."
