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Message Subject The U.S. unemployment rate fell to 7.8?! True or False?!
Poster Handle Anonymous Coward
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I can't comment about other areas, but in my area, there is no way that unemployment has dropped. It continues to climb and everyday I'm seeing the result of it

The biggest indicator I see is people moving in together...multiple households sharing expenses. Single people as well as families. To split the burden of rent, utilities, etc.

These are people that used to live comfortably on their own....not young people leaving the nest for the first time.
 Quoting: ladyannie2009


And this further reduces the need for housing units.

So Obama's effort to jump-start HOMEBUILDING, of all industries, is corrupt. Well I guess he wants jobs for his illegal population, but it's really a stupid policy for the overall economy. Housing will contract, and the last thing we need is more housing.
 
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