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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Feb 6 4:00 PM EST

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To: robert b furman who wrote (16688)	4/2/2011 3:06:57 PM
From: Kirk ©	1 Recommendation Read Replies (1) of 223021

"Infaltion to a degree is what is needed to accelerate the housing problem." Reading your post I was reminded that in the 1970s and even the 1980s the home builders had to use union carpenters. Now with our open borders, I don't believe they do and so costs to build are low AND the quality is probably suspect. You have to wonder how different things would be IF so many industries (Fast crap sold as food, housing, retail, etc...) didn't rely on low cost labor with taxpayer subsidized medical care. The left, by being more accepting of illegal immigration, may have contributed to the decline in the standard of living of their constituents far more than some CEO getting too much pay.... I also remember when unemployment rate AND inflation were both above 5%... the idea we can't see 5 to 9% inflation while unemployment is so high is a farce. CPI went up 0.5% last month... that is 6% annualized. PCE, the price we pay for things, went up 0.7%! I don't think there are any clear solutions until us working folks who pay the bills in the middle figure out neither political party has OUR best interests as a priority.

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