J&J To Cut 7% of Workforce

and the Obama administration continues to lead one to believe they have created jobs during this financial meltdown. Oops! Story changed they saved over a half a million jobs rather than create jobs. Oops! Who does the administration think they are kidding? The people are smarter than the administration. Look for historical unemployment before this 'cat gets out of the bag' anytime soon. Obama and company need to regroup and quit feeding the American public the same ole line of crap. If the American people are not spending then we have no jobs for the poor and uneducated that live among our ranks. The spending creates the jobs! Making things requires workers. Workers work they earn wages. Wages equal spending. It is like the 'circle of life' the system is self sustaining.