Just a number of headwinds...But White House spokesman Jay Carney acknowledged at a news conference that growth has slowed as the economy grapples with the effects of high energy prices and other challenges, including the Japanese earthquake and the U.S. debt limit debate.
"There have been a number of headwinds this year," he said.
Good to know...I was starting to worry.
Mr. Shipman is a damn idiot, or a liar, or both!From Hot Air. Putting pressure on an already lousy job market, the mass layoff is making a comeback. In the past week, Cisco, Lockheed Martin and Borders announced a combined 23,000 in job cuts. (See:Another Retailer Bites the Dust: Borders Doomed by Amazon Deal, Davidowitz Says)
Those announcements follow 41,432 in planned cuts in June, up 11.6% from May and 5.3% vs. a year earlier, according to Challenger, Gray & Christmas.
Winning the future...
