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You know it's bad...
...when Wal-Mart has layoffs! Yikes!
Only WMT and MCD of the S&P 500 were profitable in 2008. Now WMT announces a decrease in revenue of 7.4% for the 4Q, and wipes out their recruiting office, woe! Obviously they don't plan to be adding workforce for the foreseeable future.
Fortunately, Obama & Gang will be bailing out the Bay Area Harvest Mouse, whew! that little rascal employs so many people it is comforting to know that obama/pelosi/reid were johnny on the spot!
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