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Case-Shiller Data Suggest Possible Housing Double-Dip

Housing has never been in the toilet as bad as it is today, never-ever. Add to that the fact that we have never had a recession this bad in modern times, not since the Great Depression 82 years ago. Then throw in all the manufacturing jobs and other semi skilled good paying backbone of America jobs have been sent overseas and we are really at a time in our history that has not been experienced before. So it could be 2-5 years, it could longer than that as you predict. It is such a wild card prediction based on so many interlocking variables that it is hard to figure out/guesstimate when this depression/downturn will end. I know one thing is certain, unless (and until) we STOP shipping our semi-skilled, good paying jobs overseas (and stop importing foreign nationals for our skilled tech jobs) we are going to be a nation in decline. The nation will start to follow in the footsteps of Detroit- which today has a population of 750K people, down from 1 million 10 years ago and 1.8 million (60% DECLINE) from the 1970's. America is going to look like modern day Detroit if we don't get some leadership who knows what the hell they are doing in the White House. I would not vote for Donald Trump-and his running for President is a gimmick, he won't run, but I sure as hell would make him the Secretary of Labor because he is the ONLY person in the nation today that understands the macroeconomics of our nation. Bushie was about as far on the other end of that spectrum from Trump as you can get. Obama is not focused, he is doing band-aid type healthcare reform when the country is having the biggest economic heart attack in it's history and is on life support. Someone needs to save us.
— March 30, 2011 12:53 p.m.

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