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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: joseffy who wrote (260190)7/12/2010 4:18:38 PM
From: neolibRead Replies (3) | Respond to of 306849
 

Could it be pure coincidence that the decline occurred over the same period in which union power, the city government bureaucracy, taxes and business regulations all multiplied? While correlation is not causation, it is striking that the decline in per capita income is exactly what classical economists predict would occur when wage controls are imposed and taxes are increased.

Then again, perhaps its all the fault of free trade which is a rightwing fixation. How would you know which is at fault?



To: joseffy who wrote (260190)7/12/2010 4:24:40 PM
From: Brumar89Respond to of 306849
 
Liberal policies lead to liberal disaster areas ..... CA developing into one now.


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