I really do not think any media source celebrates the loss of one’s employment but keep in mind when Taco Bell terminates 3-employees it certainly isn’t newsworthy. When a couple of thousand from one company receive their pink slips, it will make the news!

This week alone:
Hedstrom Corp 800 employees
Bank of America 4,500 employees
AT&T 7,400 employees
Unisys Corp 1,400 employees
Kodak 800 employees

I find it hard to believe that a quarter of million jobs were created in one month when the economists give estimates of 50,000 to 250,000 new jobs created, that’s quit a range. We both know these numbers are all over the place and uncertain, hopefully we’ll have accurate numbers after this winter.

I for one cannot celebrate a personal income growth of 10% in three years without recognizing increased medical and energy costs. If anything, over the past three years we’re probably –30% in the hole, as for lack of deposable income “savings” and increased personal debt. The whole thing sucks big time and I hope somebody has the answer.