Friday, July 22, 2005

33,500 Jobs To Be Lost, Announced Over Last Four Days

I remember reading this over at ButtsForBush, and wasn't going to give it life by breathing on it. But, in just the span of four days, July 19 through July 22, four corporations announced they were cutting 33,500 jobs [Kimberly-Clark Corp., 6,000 jobs. (July 22); Kodak, 10,000 employees. (July 20); Hewlett Packard, 14,500 jobs. (July 19); PNC Financial Services Corp., 3,000 jobs. (July 21)]. And that's just in four days. I got dizzy counting all the announced cut backs in jobs over the last two months.

But, of couse, let's not forget the dilema of Exxon and its excess cash reserves of more than $25 billion

This administration and it's pathetic sycophants that support it always report the upside. Remember, folks, this is the only president to have a net loss of jobs every year he's been in office.

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