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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Oblomov who wrote (17109)2/10/2004 9:28:08 PM
From: Lizzie TudorRead Replies (3) of 306849
 
>we clearly have a dichotomy between economic statistics and reality

What are you basing this on? Are you channeling the shades of Thorstein Veblen and Vance Packard?


I'm basing it on an 8% GDP with no job growth. Given the size of our economy, an 8% GDP would require staff just to collect the taxes pouring in from various "use fees".

From Darfot's post below,
Message 19791087

Read the commentary towards the bottom. That is the level of anger I am confronted with every day from all over the country. The only people that think things are great are folks on stock chat boards, or the Bush administration. Its quite amazing really.
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