According to economist Kevin Hasset, new home sales data have been gathered by the U.S. Census Bureau since the early 1960s. In May, they dropped to their lowest level in recorded history, increasing the risk of the dreaded double-dip recession. He blames Keynsian government tampering. Read here:
Housing Gets Sick on Keynesian Roller Coaster
Posted by
Jim Spence
on Monday, July 12, 2010
Labels:
Economics
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