Friday, March 07, 2008

Worse Job loss in five years...

It was hard to be optimistic about this news today:
The nation shed 63,000 jobs in February, the worst job loss in five years, the Labor Department reported, and another sign that the economy may have slipped into a recession that could prove to be the defining challenge for President Bush and Congress through the rest of his administration.

Responding quickly to the report, Bush asked for patience to let an economic stimulus package he signed last month start to work. Democrats on the campaign trail just as quickly faulted the president's economic policies, and congressional leaders pressed for a new economic package to pump money into unemployment benefits, as well as road construction and other job-creating infrastructure projects.

Here it's been really tough, my ex-husband is again out of work and at my husband's place of employment several jobs have been cut.

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