Saturday, January 24, 2009

More than 30,000 layoffs since Obama takes over

America's big companies have announced more than 30,000 layoffs since Barack Obama became president.

And smaller cutbacks have been annnounced in communities across the nation, as in Middle Tennessee that realized 1,000 layoffs for high-paying jobs the past few days.

Accordingly, Tennessee's budget deficit for the current year is more than $1 billion. The governor here said Friday that lawmakers are going to hate his revised budget. Taxpayers will, too, with higher local property taxes.

It is one big mess.

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