Marketplace for Friday, October 5, 2012
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Former GE top dog Jack Welch has implied that President Obama cooked the books when it comes to the new jobs numbers -- but how would one go about doing that? The popularity of Toys 'R' Us’ layaway program has caused a run on some popular toys for the upcoming holiday season. California's gas prices jumped a whopping 20 cents overnight. The government has hired a PR firm to promote and explain all the complicated details of the health care plan. And the Wealth & Poverty Desk visits a workshop that lets you simulate living in poverty.
Posted In: Weekly Wrap, Jobs, Unemployment
Reviewing the week's headlines on Wall Street and beyond. This week: debating jobs. The new numbers and the presidential candidates' vague answers of what policies they'd use to boost employment.
The economy is like a rollercoaster, asserts the Funny or Die "news" team. But who is running this rollercoaster? And why have we been stuck on the screaming on the way down part for such a long time?