It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Do elections have consequences? If you have been paying attention to the financial markets, you might think so. Wall Street has had two horrible days since President Obama won a second term.
However, stock prices are not the only thing taking a hit. It appears that the job market is also suffering. In the last 48 hours, the following major corporations have announced layoffs in America (each is linked to the news release with details):.................
How Many Businesses Have Announced Closings or Layoffs Since Obama Won A Second Term?
Originally posted by romney
Isn't the fear, distort, repeat, tactic getting old after Nov 6th?
Seriously, it's lame
It sounds like right wingers want America to fail.
After new White House guidance prompted defense contractors to back off from their threats of issuing layoff notices in the face of possible mandatory budget cuts, Republican lawmakers last week accused the Obama administration of politicking and vowed not to support its promises to contractors.
Bethesda-based Lockheed Martin, the Arlington-based U.S. business of BAE Systems and Herndon-based EADS North America had all warned that they might be required to issue layoff notices under the Worker Adjustment and Retraining Notification Act, or WARN Act, given the prospects that the sequestration process would begin in January.