ok..so payrolls come in better than expected..RE is gonna rip right??
Started by marco_m
over 17 years ago
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Member since: Dec 2008
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Totally wrong! fewer jobs are being eliminated because there are fewer jobs to eliminate. You can cut down to the bone, but cutting anything more will mean sawing off your leg!!! Much more concerning is the UE rate rising much more than expected. People aren't finding new jobs. This is propagating the downward spiral of consumer spending, home foreclosures and continued lowering of housing prices.