Wachovia Bank is now cutting jobs due to their large second quarter loss this year.
So far for these past six months many jobs have been lost to either cutbacks or leaving the country, as businesses back track to gain some ground during these economic hard times. The Airlines, the different auto manufacturers, stores, restaurants, real estate, construction, many different mortgage companies, many different credit card companies, many different banks, many different manufacturing companies, many different packaging companies, many different distribution centers, the different telephone companies, many different medical clinics and hospitals have cut back, reports of cuts during the past seven years has even hit some police departments in different cities and other law enforcement agencies, and the list goes on.
But has job loss only been for these past six months? What about the High Tech Engineer and Program jobs? What about the Customer Service jobs? Look over jobs lost and cut backs since Bush took office in 2001. It began with Bush and his Republican Administration Outsourcing of jobs. And every year since other job industries would report lay-offs and cut backs do to the Roller-Coaster Bush Economy. Yet, the jobs loss would only be here in the U.S.A. and never in the companies other plants or business offices over seas. In fact, none of their overseas company opperations had any job loss at all.
For the past seven years the Bush administration logo in describing the cause of the economic hard times has been 'THE LACK OF CONSUMER SPENDING'. Let's face it, according to the Republicans, it is always 'Our Fault'.
What caused the lack-of-consumer-spending?
Well, remember the words of GW Bush in 2002, "America is NO longer a High--Tech--Country. America is Now a Service Country."
And remember when GW Bush said on national TV, "Americans NO longer have the 'INTELLIGENCE', knowledge or skills for the High Tech Industry."
Thanks to Bush and his administration the secure permanent high tech jobs left our country, leaving many Americans unemployed and scrambling for high tech temporary jobs in their field of which they qualify for with no medical insurance and no retirement plan benifit. Temporary jobs are only for a few months. When the jobs are over, the workers are scrambling to get another job with other consulting firms in the contracting industry to work for that company's client. The jobs available are too few and far in-between. Keeping up with the latest technologies is not hard for those like my husband who do have the Education, Skills, and Intelligence (which Bush denies). My husband is in his late 50s now, having been going through the job scarcity in his field for the last seven years, thanks to Bush and his Republican Administration.
And thanks to Bush and his Republican Administration, we lost a lot of the High Tech Engineers who quit their field because of Bush and his 'ANTI HIGH TECH' workers attitude since 2002.
Is it any wonder that consumer spending has been down during these past seven years?
Does it take a 'Rocket Scientist' to figure out that Bush and his Republican Administration have been calling the American People 'too dumb' to work high tech jobs for the past seven years?
Or hasn't anyone else figured that out yet?