Help Wanted. Call 1-800-TAXPAYER.

The economy's looking mighty bleak. Now that America's celebrated its 1st birthday of the recession, it's made yet another milestone. Largest job loss in 34 years. Forget corporate bailouts! It's high time taxpayers get some help.

The unemployment jumped to 6.7 percent in November, shedding 533,000 jobs. It's the largest loss in one month since December 1974. And since January, nearly 2 million jobs have been cut.
More than 10.3 million people are unemployed, according to the Labor Department. Companies are issuing pink slips, left and right. AT&T cut 12,000 jobs, DuPont cut 2,500, Viacom cut 850 last month. And some companies are closing up shop completely such as Linens 'n Things and Circuit City. Even some Starbucks' are closing.
This news also suggests that many households will continue to cut back on spending, saving as many pennies as possible. 
So, who's for a taxpayer bailout?

The Root encourages respectful debate and dialogue in our commenting community. To improve the commenting experience for all our readers we will be experimenting with some new formats over the next few weeks. During this transition period the comments section will be unavailable to users.

We apologize for any inconvenience and appreciate your continued support of The Root.

While we are experimenting, please feel free to leave feedback below about your past experiences commenting at The Root.