Thursday, May 05, 2005
Did someone say the Economy was Robust?
On the same day that IMB announced up to 13,000 job cuts (mostly in Europe) comes the news that, "Debt issued by Ford Motor Co. was downgraded to junk Thursday by Standard & Poor's." S&P also listed GM debt as "junk." Round after round of corporate welfare can't really cover up the fact that the Radical Republican economic policy is failing and failing badly. With two of the "big three" dancing dangerously close to insolvency one has to wonder how bad things could have been with John Kerry as president. Ohh...and jobless claims rose again this week. Yep, those Republicans sure are good for the economy.
On the same day that IMB announced up to 13,000 job cuts (mostly in Europe) comes the news that, "Debt issued by Ford Motor Co. was downgraded to junk Thursday by Standard & Poor's." S&P also listed GM debt as "junk." Round after round of corporate welfare can't really cover up the fact that the Radical Republican economic policy is failing and failing badly. With two of the "big three" dancing dangerously close to insolvency one has to wonder how bad things could have been with John Kerry as president. Ohh...and jobless claims rose again this week. Yep, those Republicans sure are good for the economy.