News has begun to filter out about a doomsday plan among defense contractors. Unless Congress and the president pass a rational budget plan for 2013 soon, they're going to implement massive layoffs -- right before the election.
President Barack Obama talked turkey with Apple (AAPL) CEO and founder Steve Jobs on Thursday, covering a wide range of topics from American competitiveness to job creation, according to a Reuters report.
CNBC's Larry Kudlow blogged Tuesday that the a GOP win in November's elections would create an explosion of U.S. job creation. One of his guests that day on The Kudlow Report was DailyFinance's Peter Cohan, who breaks down precisely why that rhetoric doesn't match reality.