Jobs, factory data strengthen growth outlook
http://finance.yahoo.com/news/jobless-claims-drop-near-4-133321128.html“But considerable slack still remains, with 23.8 million Americans either out of work or underemployed. There are no job openings for nearly three out of every four unemployed.”
GM records its highest profit ever: $7.6 billion
http://news.yahoo.com/gm-records-highest-profit-ever-7-6-billion-123523501.htmlCutting salaried workers (non-union) pensions, cutting production lines, cutting foreign exposures. Most of the profit was generated from cutting and there will be more cutting. Plus, they had unlimited funds from the U.S. tax payer.
President Obama Touts ‘Onshoring’: Is Made in America Back?
http://finance.yahoo.com/blogs/daily-ticker/president-obama-touts-onshoring-made-america-back-221759270.htmlIf you read the article. Obama has nothing to do with why jobs are coming back to the U.S.
Empty buildings haunt Spain amid real estate crash
http://news.yahoo.com/empty-buildings-haunt-spain-amid-real-estate-crash-082353324.htmlThey are heading for recession. The U.S. is separating itself from the downside of Europe and its socialist policies.