Tuesday, October 31, 2006

Housing Slump Slows Economy

There have been several changes in the economy lately, and there has been quite a focus on the economy with the November elections coming up. Many people are attributing the slowed economy to the slump in the housing market. The two parites are portraying the economy in different lights with the upcoming elections. Democrats are looking at the slowing down of the economy, while Republicans are focusing on the strenghts of the economy. The article sites many reasons for the changes in the economy, but what does this mean for the future in our economy?

1 comment:

Greg Delemeester said...

Presidents and political parties generally are given too much credit for the economy's success and too much blame for its failure.

Regarding the housing slump, it certainly isn't a good time to be a seller in this market as housing prices have been falling recently. However, if you're a buyer, you can find plenty of good deals.