Qualcomm to Cut 1,300 Jobs in San Diego

The economy is doing great! The media will spin it that the more companies lay off, the better they are doing. The more companies cut their staff, the better the economy is and the higher Wall Street stocks will go. The stock market hasn't gone up at all since 2009 from great earnings or record output. It's been going up due to the government dumping tens of billions of dollars into it each month.