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R i g h t a r d i a

This blog is dedicated to progressive and liberal thought. It also discusses new technology, how technology affects privacy and developments in Russia, China, Eastern Europe and the Middle East. Rightardia fully supports the rights of workers to organize, the feminist movement, and all Americans regardless or ethnicity, sex or gender.It uses humor, satire and parody to expose conservative thought for what it truly is: BS! Rightardia contributes to the DNC, DCCC, DSCC and MoveOn.Org.

Tuesday, March 20, 2012

Bloomberg: Housing starts in the US

March 20 (Bloomberg) -- Housing starts in the U.S. fell in February from a three-year high to 698,000 homes at an annual rate, down 1.1 percent from a January pace that was stronger than previously reported, Commerce Department figures showed today.

Building permits, a harbinger for future construction, climbed to the highest level since October 2008. Michael McKee and Betty Liu report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Many economists do not believe the nation will fully recover until housing improves. It is time for another federal first time home buyer incentive.

This will only happen if Obama is reelected and the Democrats take the House. Both outcomes are likely.

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