House?
2007-03-15 03:22:33 · 8 answers · asked by Anonymous in Politics & Government ➔ Politics
Yes to both.
2007-03-15 03:26:09 · answer #1 · answered by Peter Pumpkin Eater 5 · 0⤊ 5⤋
A big part of the problem is people and non-payment of housing loans.
The house then has to be repossessed and all the markets suffer.
Clinton had a good idea when he wanted everyone to be able to own a home, but the loans should have been regulated better, most of the low income loans had balloon payments. Many people just can't afford those.
2007-03-15 10:32:52 · answer #2 · answered by kittenbrower 5 · 2⤊ 0⤋
My guess is neither will occur. Inflation has been under control by the fed since 1983 or so, and, a recession, or extended depression, is recognized as negative growth in gdp over multiple quarters, and neither will occur any time soon, mate.
2007-03-15 10:27:22 · answer #3 · answered by Anonymous · 3⤊ 1⤋
Read a newspaper, your completely wrong. As a matter of fact the dems 2008 budget leaves the Bush tax cuts intact.
2007-03-15 10:33:22 · answer #4 · answered by Anonymous · 1⤊ 1⤋
Neither, he's managed to keep us out of the poor house quite well in his TWO terms in which he was ELECTED. But wait... with the "tax and spend" Democrats in charge of Congress, I guess anything is possible.
2007-03-15 10:29:59 · answer #5 · answered by Amer-I-Can 4 · 2⤊ 1⤋
Sure, that's why the Stock market gained 65 points yesterday. Every indication is that we're headed for a depression. Take another toke and we'll get right back to you.
2007-03-15 10:28:14 · answer #6 · answered by Anonymous · 3⤊ 2⤋
Considering we are at 4.5% unemployment and low inflation now, only a desperate liberal is thinking (and hoping) for that. Sorry Charlie.
2007-03-15 10:32:03 · answer #7 · answered by Anonymous · 2⤊ 1⤋
neither!
2007-03-15 10:26:06 · answer #8 · answered by Anonymous · 5⤊ 2⤋