Wednesday, February 23, 2011
The Housing Bubble and Negative Equity are a Major Predictor of State Budget Gaps, Not Unions. « Rortybomb: "Amidst all the public debate about how states are being bled dry by militant public unions, you wouldn’t know that we just had a major housing bubble across the country followed by a financial system near-collapse and the most prolonged downturn since the Great Depression. Chris Hayes addressed this opportunism, the ignoring of the housing crisis to push long-standing right-wing priorities, in the opening segment of the Rachel Maddow show last night, and I think it’s worth throwing a graph together."
at 8:34 PM