My Weekly Obama Jobs Report, the Thanksgiving dinner is gonna cost you 13% more than last year edition

How's this for a grim statistic:

What was that you were saying about Hope and Change?

So, assuming you're not living paycheck-to-paycheck, Thanksgiving dinner is gonna cost you 13% more than last year.

I didn't get a 13% raise. Did you?

But I think I've finally found out why the Obama Economic Miracle fizzled before it left the starting gate. Actually, Joe Biden spilled the beans: the first guy we called for economic advice was Jon Corzine.

Jon Corzine? What, Bernie Madoff wasn't available and Mark Rich wouldn't take Eric Holder's call?

The EPA is still diligently doing their part to stifle the recovery. This week it's new fuel economy regulations which will add thousands of dollars to the price of a new car. But don't worry, you probably couldn't afford a new car anyway, right?

Meanwhile ObamaCare doesn't want to be left out of the economic collapse. The new excise tax on medical device manufacturers which goes into effect next year means most companies will have to cut jobs. They're already making plans to do just that.

Stryker, the Kalamazoo-based maker of artificial hips and knees, will cut 5% of its global workforce by the end of next year to reduce costs in the face of new fees on device makers required by the U.S. health care law.

Oops.

In other job-killing news, Electrolux is closing their North American factories. Weak demand for their products, spurred by the fact that most of are living paycheck-to-paycheck, is cited as the reason.

"All I want for Chrismas is a new vacuum cleaner" doesn't quite have that ring to it, now does it?

Well, that's it for this week. Tune in next Friday for another installment of my Weekly Obama Jobs Report, now with Jillian Barberie!

Um, Jillian? Try to look busy, ok? Thanks.

Posted at 19:46 by Chris Wysocki   [/economy]   Comments | Perm Link |
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