Sunday, March 8, 2009

Reading Journal (Article)

This weekend i read an article from MSN.
The article is about that the recession we are currently experiencing is not as bad compared to the one during Ronald Reagen's presidency. Here are some of the results from the article.
  • In January, reports showed 207,000 manufacturing jobs vanished in the largest one-month drop since October 1982.
  • Major automakers' U.S. sales extended their deep slump in February, putting the industry on track for its worst sales month in more than 27 years.
  • Struggling homebuilders have just completed the worst year for new home sales since 1982.
  • There are 12.5 million people out of work today, topping the number of jobless in 1982

Here is the link the article http://www.msnbc.msn.com/id/29582828