Just a little more than a year ago, President Obama was in Fremont, Calif., to tout the jobs created by a solar cell manufacturing company called Solyndra and federal loans that helped. On Wednesday, the company said it's filing for bankruptcy.
What should have been a simple matter of scheduling turned into a Washington political incident. At issue: When would President Obama give a policy speech about jobs? The president picked next Wednesday. The GOP told him Thursday would be better a choice.
In the past, consumers usually talked more about cutting back than they actually did, analysts say. However, the sluggish recovery has left Americans feeling financially insecure — and more reluctant to spend.
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