Guess who agrees with me?
http://news.yahoo.com/clinton-housing-key-fixing-nations-economy-030222909.htmlClinton: Housing is key to fixing nation's economyLAS VEGAS (AP) — Former President Bill Clinton says the key to fixing the nation's economy is to address the struggling housing market and foreclosures.
Clinton, in a speech Saturday night at the Las Vegas Anti-Defamation League's annual American Heritage Dinner, said "it's as simple" as fixing the mortgage business, cleaning up banks' books and letting "them start loaning again."I don't think anyone here disputes the fact that fixing the housing market would help the economy, although it seems to be doing quite well lately, doesn't it?
Private job growth over the past two decade. Note: I hear 2011 was the second best rate since 1999:
More:The U.S. economy gained 200,000 jobs in December and the unemployment rate fell to 8.5%, the Labor Department said Friday. Economists surveyed by MarketWatch had forecast the U.S. would add 150,000 jobs last month, with the jobless rate edging up to 8.7% from an initially reported 8.6% in November.
And let's hear it for
GM, Ford, and
Chrysler!Americans bought more cars and trucks last year, inspired by easier credit, an improved economy and the desire to replace aging vehicles that got them through the Great Recession.
Sales rose sharply for Detroit's three carmakers and for Japan's Nissan in 2011, aided by a surge in November and December. Analysts expect that momentum to continue into 2012.
Low interest rates, looser credit standards and pent-up demand are driving demand. The average age of a car on U.S. roads is the oldest ever, closing in on 11 years. Americans want to trade in those older vehicles now that a tentative recovery has begun and they're feeling a little more secure about jobs and finances.
Chrysler will add 1,250 jobs at two Detroit factories next year — another sign that the once struggling automaker appears to be making a comeback.
The Jefferson North Assembly Plant will get 1,100 new workers and a third shift to help build a Jeep Grand Cherokee diesel model for North America. Another 150 workers will be added when Chrysler reopens the Conner Avenue factory to make a Street Racing Team version of the Dodge Viper muscle car.
Just think how much better the economy would be if the Republicans had actually worked with the President on housing fixes! Of course, Romney, like McCain before him, really really really doesn't care!
http://www.youtube.com/watch?v=nnL_2_-R78Y&feature=player_embedded