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Archive for the ‘Ekon’ Category

The American Family

I don’t like him, but he does make a good point. "If the US Government was a family, they would be making $58,000 a year, they spend $75,000 a year, & are $327,000 in credit card debt. They are currently proposing BIG spending cuts to reduce their spending to $72,000 a year. These are the [...]

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Credit Crunch

Freddie Mac is somewhat optimistic on the housing market and expects sales in 2011 to outpace 2010 sales by 3-5%. Freddie Mac’s economists state in “Freddie Mac’s US Economic and Housing market Outlook” that a “double-dip” will not likely occur in the housing market and that current economic sluggishness(unemployment) is a temporary tough spot that [...]

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