Thursday, August 7, 2008

McCain and Bush put more people out of work

John McCain and President Bush just keep on giving don't they. Bush's economic policies supported by McCain for the last seven years are now showing results:
WASHINGTON (AP) -- The number of newly laid off people signing up for jobless benefits last week climbed to its highest point in more than six years as companies cut back given the faltering economy.

The Labor Department reported Thursday that new applications filed for unemployment insurance rose by a seasonally adjusted 7,000 to 455,000 for the week ending Aug. 2. The increase left claims at their highest level since late March 2002.

Republican economic policies have always been a dismal failure and of course Bush and McCain are no exception.

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