Monday, December 8, 2008

43 Days to the Obama Inauguration


The U.S. "Officially" in a Recession


Unemployment at 6.7%


More than 500,000 jobs lost in November


Almost 2 million jobs lost in 2008


Auto Manufacturers want $34 billion 'bridge loan'


AT&T Inc., DuPont, JPMorgan Chase & Co., jet engine maker Pratt & Whitney, and mining company Freeport-McMoRan Copper & Gold Inc. all announce layoffs.


Consumers battered by the job losses, shrinking nest eggs and tanking home values retrench, throwing the economy into a tailspin.


Days to Obama Inauguration: 43

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