Speaking at a White House meeting of his Economic Recovery Advisory Board, Obama said the current pace of job losses was "distressing" and would not improve quickly.But ... but ... but what happened to "creating and saving" jobs, Barry?
"We anticipate that we are going to continue to see some job losses in the weeks and months to come," Obama said.
In other economic news, a certain motor company that refused government aid shows a huge profit. No doubt they'll soon be a target of Obama and his merry band of anti-capitalists.
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