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"Jonathan Ganz" wrote in message ... In article , katy wrote: From memory didn't it say unemployment was less than 5% and that although sloppy, the housing market was pretty much stable? And that durable goods were doing fine? A less than 5% unemployment rate means the employable are employed...people buying durable goods means they have the money to do so or the credit, and the hosuing market has been so overinflated nationwide that it was due to take a decline just to even itself out..speculation building has been going on for quite some time and now new real estate isn't the commodity it was... No, it didn't say that. You should probably read it again. That's why I found it interesting. Actually she gave a reasonable synopsis of the report, Jon. You'd better read it again, because her numbers are basically on. But don't let facts dissuade you from your Democrat spin. Max |
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