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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (189044)	5/12/2012 9:41:23 AM
From: Wharf Rat	Respond to of 541990

How about moving houses from Nev to ND? Official Says North Dakota Housing Crunch is Spreading BISMARCK, N.D. (AP) — The head of the North Dakota Coalition for the Homeless says the housing shortage in the western North Dakota oil patch is moving east across the state. wday.com

To: Steve Lokness who wrote (189044)	5/12/2012 9:43:18 AM
From: epicure	Read Replies (1) \| Respond to of 541990

Companies are wary of hiring. They've got money, and they need to expand- but job billets are going unfilled because of hiring freezes. Ask anyone who is working- many people are now covering the jobs of 3 or 4 people. And companies, though they are raking in the dough, are doing some sloppy work that will catch up with them later, because they are pushing current employees so hard. Either there will be another dip, and the companies will feel vindicated in putting off new hires, or, we'll see an explosion in hiring once companies because more sure of the economic recovery. I wish I could dust off my crystal ball for you, and tell you which will happen- but some of this is just luck- how the pieces shake out around the globe- and some of it is down to politics. And I have to say, I cannot understand the folks in Washington. The reps, for example, seem pretty chipper about sabotaging the economy- in fact, if you listen to them, they're hoping for a crap economy. So with part of our country actually hoping for a bad economy and working against a recovery, it's hard to predict what that will do to the situation.

To: Steve Lokness who wrote (189044)	5/12/2012 11:52:23 AM
From: Mary Cluney	Read Replies (2) \| Respond to of 541990

<<<Krugman doesn't understand the role housing plays - he just doesn't. He didn't understand it when it started to explode and he still seems very confused as to housing role in the economy. >>> Housing is ony one component of a very complicated economic system. Krugman is an economist and by almost any non kookoo standard he is pretty good at it. Housing does not stand alone in a neighborhood, city, region, or a country. It is part of an increasingly complex global juggernaught with massive amounts of incomlete real time inputs challenging the most sophisticated super computer algorithms. There are all kinds of people trying to game a system that is almost impossible to understand. Even the super brains at JP Morgran's risk management unit in London with their Monte Carol super computers simulations find understanding humbling. Anyone speaking with any certainty on this subject can not possibly have an inkling of understanding the the situation.