"if the Bush "recovery" heats up much more, we wonder whether
anyone will have a job."
Editorial: The jobless 'recovery'
madison.com
An editorial
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.
Published: 6:22 AM 1/08/04 |
