US Housing starts drop 17.6%

[Kidlicious]

It is, ****. Anybody who thinks that a slowdown in housing in 2008 (or in this case 2005!) causes a ****ty economy in 2011 is a ****ing moron of kiddy proportions

You sound like Ben. The housing market crash was a huge deal, and it still is many years later. You really have a very poor understanding of how markets sometimes fail to recover.

[MRT144]

It's a one-month figure. Who knows what happened that month.

Ever the plucky optimist.

[KrazyHorse]

You sound like Ben. The housing market crash was a huge deal, and it still is many years later. You really have a very poor understanding of how markets sometimes fail to recover.

The housing market crash was not a huge deal, you ********. Employment in the housing industry is a relatively small piece of the US economy, and the change in employment in this sector was 1-2 orders of magnitude smaller than the change in overall employment.

I'll repeat: anybody who thinks that "housing" is the reason GDP and employment have stagnated FOR HALF A DECADE is a moron of epic proportions.

[Kidlicious]

The housing market crash was not a huge deal, you ********. Employment in the housing industry is a relatively small piece of the US economy, and the change in employment in this sector was 1-2 orders of magnitude smaller than the change in overall employment.

I'll repeat: anybody who thinks that "housing" is the reason GDP and employment have stagnated FOR HALF A DECADE is a moron of epic proportions.

The problem is that real estate was the only area of growth besides the financial sector. No growth, no recovery.