Wednesday, February 23, 2011

This is what happens when 'stimulus' runs out

The effect of the 'stimulus' and the various other Obamist interventionist wheezes on residential housing prices was to postpone the inevitable correction in asset values which is happening now.  What next oh special Big Ones?




It is truly amazing how many different types of commodities (housing, food, education, energy) that our 'compassionate' government as a matter of policy seeks to raise the costs of.  If I didn't know better I would think that their interventions and subsidies and regs were designed to help the producers, not the people.  

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