Sunday, June 05, 2011
The economy will never improve until any kind of housing is more affordable for all. There is no disposable income among the majority of the people as they spend 50 to 70% if their income for housing even though housing has dropped to 2002 levels in most areas, it is still too high. So goods can't be bought, causing job loses. Only the top 1% have disposable income. They have been expected to create jobs and they have not created that many jobs. Trickle Down has not worked.