WASHINGTON — President-elect Barack Obama painted a bleak economic outlook as he took his case for an economic recovery package to the American public on Thursday in his first major policy speech since the election.
“We start 2009 in the midst of a crisis unlike any we have seen in our lifetime — a crisis that has only deepened over the last few weeks,” Obama said in the speech at George Mason University, Fairfax, Va. “Nearly two million jobs have now been lost, and on Friday we are likely to learn [in a government report] that we lost more jobs last year than at any time since World War II.”
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)