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An editorial from the Wisconsin State Journal
January 8, 2004 The United States Department of Labor announced this week that, over the course of last year, American businesses cut 1,236,426 jobs in 2003, exposing the lie of President Bush's so-called economic "recovery." Far from easing up, the cuts increased as 2003 went on - the final quarter of the year saw 364,346 job cut announcements, making it the worst quarter for such announcements in 2003. "(It) is difficult to get too excited about a year in which more than 1.2 million people fell victim to downsizing," says employment analyst John Challenger. We agree. Indeed, if the Bush "recovery" heats up much more, we wonder whether anyone will have a job. -- Email sent to is never read. |