Gulf Spill Update: Obama’s Job Loss Tally Grows

Conn Carroll / July 19, 2010

Alan Sayre is a New Orleans-based business writer who works for The Associated Press. Today he published an analysis of the perfect job killing storm the Obama administration is creating in Louisiana:

In the blink of an eye, the economic focus in Louisiana has shifted from recession recovery to avoiding actual and potential job losses piling up at a staggering rate.

And there’s very little that the state can do: The tally is due to the Obama administration decisions affecting petroleum, defense and space — all coming together in a perfect storm.
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Last Tuesday, Northrop Grumman Corp., faced with tighter Pentagon spending and Obama administration priorities aimed at Afghanistan and away from the Navy, said it would shut its Avondale shipyard — the state’s largest industrial employer with about 5,000 workers — in early 2013 after two military ships are finished. (more…)