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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (99543)1/10/2008 1:48:43 PM
From: John VosillaRead Replies (1) of 306849
 
'I wasn't around for Carter but I wonder if this is what it was like, you just want him to go away asap'

Carter had to deal with double digit interest rates, high unemployment + the Soviet Union. GWB had an incredible opportunity to unite the country and the world post 9/11 in a new global economy of unprecedented technological advances with very low interest rates and balanced budget handed to him and totally blew it.

Just imagine where we would be today if we also had to contend with mortgage rates and unemployment at double digits along with a second super power spending like a drunken sailor?
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