Obama: I fixed the economy and made it fairer

[Geee]

Washington Examiner:

President Obama boasted Saturday that he brought the U.S. back from recession and at the same time made the economy fairer.

 

"Over the past seven years, we haven't just been recovering from crisis, we've been rebuilding our economy on a new foundation for growth — growth that benefits everybody, not just folks at the top," Obama said in his White House weekly address.

 

"Wages are finally rising again," Obama asserted.

 

Obama also pointed to his recent moves to stop American companies from fleeing his world-leading high corporate taxes to new, more competitive locations abroad.

 

"This week, the Treasury Department made it more difficult for companies to exploit this loophole and stick the rest of us with the tab," Obama explained.

 

[Geee]

Employers warn of nearly 900 layoffs in Illinois

 

Illinois employers warned of nearly 900 layoffs last month as businesses closed, merged or suffered slowdowns.

 

Liquor distributor Stoller Wholesale announced the biggest hit, with 170 layoffs in Elk Grove Village starting April 30. Parent company Glazer's, which is based in Addison, Texas, and bought family-owned Stoller in 2013, is closing Stoller Distributing on June 1, Glazer's spokesman Mark Semer said.

 

Glazer's and Southern Wine and Spirits of America combined earlier this year to become the largest wine and spirits distributor in North America.

http://www.chicagotribune.com/business/ct-illinois-warn-layoffs-0409-biz-20160408-story.html