Showing posts with label Housing Market. Show all posts
Showing posts with label Housing Market. Show all posts

Wednesday, January 11, 2012

Back to the Future Economy: Your Parents & Grandparents Were Wealthier Than You


This was a posting in response to an article on SFGate about former President Bill Clinton states that the key to fixing the nation's economy is to address the struggling housing market and foreclosures.

The key to fixing the economy is for the US to once again make stuff to sell to other countries...there by employing Americans so they can afford houses again (of course after housing prices have reset).

The whole idea of the housing industry creating jobs for the economy is just stupid. construction jobs and housing are a symptom of a growing economy not a cause.