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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?

To: AugustWest who wrote (7675)	12/31/2001 9:21:49 AM
From: MulhollandDrive	Respond to of 23786

Geez! From the article... "But the Washington region can benefit when the nation is at war, the experts note. Because of defense and security needs, the Washington area will see greater job growth than projected before Sept. 11, according to Stephen S. Fuller, a regional economics analyst at George Mason University. Fuller estimates 80,000 new jobs will be created in 2002, but enough new housing will be built for only about half of those workers. Of course, the outlook is far from rosy for many who lost jobs because of the sinking economy and the terrorist attacks. Service and tourism industry workers can't easily shift into the new high-tech defense and security slots. Those laid-off workers may face evictions or foreclosures unless they get financial relief from landlords and lenders, or from the government." I don't know about you, but I am NOT taking solace in the notion that any continuation of inflated real estate prices in the Washington region has a direct correlation to increased government spending. It just further amplifies how WRONG-HEADED this government is when "it thinks" growth will be spurred by pork barrel spending. I recently heard a report on the budget of my state (news blurb) that was saying since tax revenues were so far down (job losses, decreased SALES tax revenues) we would be operating at a deficit instead of the current surplus....that the state would be accessing the tobacco "settlement" (shakedown) for operating expenses...oh, but NOT TO WORRY.... NO STATE GOVERNMENT JOBS WILL BE CUT! thoroughlydisgusted.com