In response to:

Obama's Layoff Bomb

Georgetwin-In-Pa Wrote: Oct 31, 2012 9:06 AM
RWM-UDave-TDave-CGhost-GBait-Buck-Doug-USMC-MickeyRVN-AmyD-Tuttle-Pistol-KPistol-JWeber-EA "President Obama claimed that the private sector is doing fine.": WHAT would a Sail Eared Simpleton who FAILED as a paperboy know about the Private Sector?
In June, a diffident and self-deluded President Obama claimed that "the private sector is doing fine." Last week, the private sector responded: Speak for yourself, buster. Who needs an "October Surprise" when the business headlines are broadcasting the imminent layoff bomb in neon lights?

The Bureau of Labor Statistics reported last Tuesday that employers issued 1,316 "mass layoff actions" (affecting 50 workers or more) in September; more than 122,000 workers were affected overall. USA Today financial reporter Matt Krantz wrote that "(m)uch of the recent layoff activity is connected to what's been the slowest period of earnings growth since the third quarter...