Following reports that most American and foreign car companies have had horrific sale numbers in the last month, American Airlines has announced that they are going to be cutting 7,000 jobs. This follows a stock market that is at it's lowest levels since 2002, which follows the weakening dollar. All these numbers and news are depressing in more ways than one. Along with the high gas prices and the mortgage mess that happened last year, it doesn't look like the economy will be able to recover anytime soon. I doubt that this has anything to do with politics, historically, after a period of tremendous growth, there has always been a period of decline. Perhaps this is the market leveling off after going through almost a decade of growth in the 1990's. One can hope that perhaps in the very near future, the economy will straighten itself out.
-David Maystrovsky
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