The newest job figures are even worse than people had originally feared. US employers shed 80,000 jobs in March, Labor Department figures have shown, in the latest sign that the US economy may be falling into recession.
I think a great deal of what we're now seeing can be attributed to George W. Bush's economic policies and the impunity with which the Haves are able to lord over the Have-Nots. It may lead to short term benefits but the system is inherently flawed. We are now seeing the consequences of predatory lenders, credit card bankruptcy reform, a tax code that preys on the working class for the benefit of the few, the outrageous spending and national debt and the weakening of the U.S. dollar.
Am I putting to much blame on a President for our country's economic woes? I don't claim to be a well versed economist but I think that his administration's policies have had an unusually high impact.
A report on the most recent job figures -
and here is a segment on the ripple effect the U.S. economic woes are having on immigrant workers and other countries: