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

To: Jim McMannis who wrote (86486)	3/1/2013 2:25:47 PM
From: John Vosilla	2 Recommendations Read Replies (4) \| Respond to of 119362

LOL but 700k less government workers today than four years ago.. We both know growth in spending was on steroids due to the military and housing/credit bubble expansion from 2003-06. Today we got Ben printing like crazy, zero rates and a still bloated government needing to become more efficient if we can't grow our way out. Talk to anyone in most of Europe see how austerity is working out for them.. Ironic austerity in Italy and Greece destroying their economies yet they don't even have the welfare state or the bloated MIC to trim like we do.. Could be a real scary sight here given the record wealth disparity if austerity/depression really happened