The Hostess Company (makers of Twinkies, etc.) went out of business because economic conditions made it unprofitable. Contributing factors to their bankruptcy were the union costs and possible management budget decisions. However, a foremost factor in the failure of this company can be attributed to the high unemployment in this bad economy. The bottom line is Obama’s flawed policies are the cause of the appalling national economy.
The loss of jobs is happening to other companies all over the country. In the near future, 13 major companies, and a large number of medium and smaller companies, plan massive layoffs. The probability of skyrocketing unemployment will result in an economic hell this country has never seen – not even in the Great Depression. The blame for all this can be laid right at steps of the White House.