President Obama just reclaimed a narrow victory over Mitt Romney to get his second term. Just 2 million votes separated the candidates in the entire nation. But in Obama 1st term in a bad economy he wasted too much, focus too little on the economy & jobs and that decision will cost him and the country dearly in his second term.
Businesses have now read the tea leaves and decided overwhelmingly that the United States is now a bad investment. Conservative Michelle Milkin warned in a recent column prior to the election that the LAYOFF BOMB would explode if Obama got a second term. Business has been put in a position where Growth was a bad idea. This over bearing administration taxed, regulated and demonized business. The Layoff Bomb has went off.
Heres a list of companies who have just announced significant lay offs in the past 48 hours:
Research in Motion,
Boeing, US Cellular,
CVPH Medical Center,
The list will grow because of Obama's anti business Politics do not help expand the economy and revenues. So incomes cant grow and jobs shrink. GDP is clearly sputtering and we are heading backwards not Forwards. I voted for Mitt Romney because the only way to save america is to reign in spending and GROW GDP so that revenues inheritly expand. There is no better program in this country than a Job , but that appears to be the only Program this administration wants to eliminate.
Be careful what you wish for folks......You might have just cut this nations throat. It will be a long 4 years because when business in mass start withdrawing from the economy . The ship can only sink . We cant tax and spend are way out of this one . We are already to far behind the 8 ball and are credit rating will be lowered again . I truly hope President Obama will Pivot to embrace Capitalism , but I just dont think he gets it . I know his supporters dont get it . Thats bad news for us all.
God bless the United States of America ....we're going to need that more than ever!