I realize she didn't write the headline, but the graphs don't exactly show a "recovery," more an occasional blip. In most of those cities, the home prices are still above 2000 levels, despite the dramatic drop beginning when the sub-prime mess revealed the folly of the constant government interference in the housing market by using it as a carrot for politicians of both parties and non-profits like ACORN to look good to low income people.
Only one city, Detroit, owned for decades by Democrats pushing wealth transfer, dropped below 2000 levels. The upticks recorded in July were tiny, with Minneapolis the best, Las Vegas the worst.
But back to "words matter."
I know I sound like a broken record, but if this article had been written during the Bush years, there would have been considerable differences.
- "Consumer confidence drops, despite a tiny rise in home prices in a few cities during July, underscoring the disastrous decisions of the Bush administration in how to lead us to a recovery."
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