The U.S. has lost private sector jobs for 10 straight months

Robert Borosage, Campaign for America's Future: "Free fall. The U.S. has lost private sector jobs for 10 straight months. One quarter of all businesses in the U.S. plan to cut payroll over the next year. Retail sales fell in October by the largest monthly drop on record. Auto sales have collapsed, driving the auto companies towards the precipice ... 'The era of big government is over' is over. In the crisis, we are, as Richard Nixon once said, 'all Keynesians now.'"

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