"History is a wonderful thing, if only it was true"

Sunday, June 12, 2011


Paraphrase "when will they ever learn?"

Housing vs productive work.
Housing drives sprawl, a consumption mentality, a debt driven economy, work force tied to location.

The Economy and D.C. - Renewed Weakness - NYTimes.com: "Of course, doing no harm will not be enough. The economy needs help, like direct federal job creation and options for homeowners to reduce the principal on troubled loans."

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