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Mass Firings Soar at Fastest Pace Since 2010

FletchforFreedom Wrote: Oct 26, 2012 9:30 AM
It's pretty amazing that the Tea Party arose to stop a black man being president given that it began before Obama even RAN for president. Of course, it's also readily apparent that you "believe" the earth is flat, babies come from under cabbage patch leaves, Santa has missed your house the last few years and you've got a whole bunch of presents stored up somewhere and that economics is a mystical discipline fat beyond the wits of anyone (instead - clearly - of just you). To call you a blithering idiot is a HUGE insult ... to blithering idiots.

In precisely the kind of news president Obama does not want heading into the election, Ford (F), Dow Chemical (DOW), DuPont (DD), and Advanced Micro Devices (AMD) all announced mass layoffs this past week as Firings Reach Highest Since 2010.

North American companies have announced plans to eliminate 62,600 positions at home and abroad since Sept. 1, the biggest two-month drop since the start of 2010, according to data compiled by Bloomberg. Firings total 158,100 so...