Are Jobs The Real Cure For Housing?

catherine at 00:36 2010-06-17 said:

I disagree, the housing started tanking when unemployment went from 4.5 to 7.2. That is almost a 3% drop (and we know the unemployment numbers don't count shadow employment (under the table) so the number is always higher than the government shows and remember those awful subprime numbers in 2008 (look pretty healthy now compared to the numbers of foreclosures today, DON'T THEY?)

and we are at depression era REAL unemployment now 17-21% and under-employed still are ignored by this administration, but an under-employed person is not paying a fully employed person's mortgage payment (which they still have whether they are under-employed or not)

this is the problem when the government LIES and writes off half the unemployed and just states THEY DON'T COUNT BECAUSE THEY HAVE BEEN UNEMPLOYED TOO LONG - they are still unemployed, they still can't pay their bills but the 9.7% LIE doesn't show the truth and if you aren't paying close attention you would be looking for other reasons, I mean 9.7% couldn't do all this damage, could it????.............NO BUT 21% true unemployment IS DOING THAT DAMAGE..............

Good jobs fix everything....................employed people can pay their bills and mortgages, they can pay their own healthcare and they pay a ton in taxes to support the welfare state....................

no jobs bring us to this disaster................and we are headed deeper, much deeper.............that 15 minute talk last night will scare the gulf disaster people to run and file for unemployment if they haven't already because now they know the truth - they are on their own...........the unemployment number is rising and that is scary Permalink