Deere & Co, the world’s largest manufacturer of farm equipment, announced yesterday that it plans to lay off over 900 employees due to a decline in grain prices that kills demand for their agricultural machinery.
But John Deere isn’t alone. Several other top companies, like eBay and American Express, are laying off people by the thousands.
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We are going under really fast now.
thanks to obama and obamaside
this is obama s econonmics.
Our corpratocracy at work.
No!… It’s the trickle down effect…you know where all the big corps start loosing profits in bad times but still have to show a profit and pay their investors and get their inflated bonuses so they TRICKLE DOWN the PAIN to the people on Main Street by cutting wages, benefits and jobs…
Probably BECAUSE the Obama economy is “improving”.
Obama’s fault
Of course if you listen to the present administration, the economy is doing great. The only ones that are doing great are the liberal democrats. If you don’t think so, just ask the clintons.
Bad for America & Americans.
Get rid of Farm-Aid and let the farmers grow what they WANT to grow instead of paying them NOT to grow.