The GOP economic record lowers the post yet again. It's not even possible to keep up with the stunning number of record lows they have hit with the US economy. How could they ruin such a previously great economy, so quickly? We used to be a country that welcomed competition, but that all changed with the GOP who thought it made more sense to eliminate anything resembling competition. Now everyone in the US and the world will pay the price for there absolute incompetence.
“I think this housing downturn will be unprecedented in terms of its breadth across the country and in its severity,” Zandi said. “I don’t think we have seen anything like this, certainly since the Great Depression, and back then housing was much less of a factor in terms of the overall economy because fewer people owned their own homes.”
