More Economic GOOD NEWS: New Home Sales Up 27%....largest jump in 47 years

Discussion in 'Politics' started by rightwinger, Apr 23, 2010.

  1. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    New-home sales jump 27%, biggest gain in 47 years - USATODAY.com

    WASHINGTON — Sales of new homes surged 27% last month, bouncing off the previous month's record low and blowing past expectations as better weather and government incentives boosted sales.
    The Commerce Department said Friday that new-home sales rose in March to a seasonally adjusted annual sales pace of 411,000. It was the strongest month since last July and the biggest monthly increase in 47 years.

    Economists surveyed by Thomson Reuters had expected a sales pace of 330,000. February's results were revised upward to 324,000, but remained an all-time low. Sales had been especially weak over the winter, partly due to bad weather in much of the country.

    The median sales price was $214,000, up more than 4% from a year earlier but down more than 3% from February.
     
    Last edited: Apr 23, 2010
  2. DiamondDave
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    DiamondDave Army Vet

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    With that part in there... the boost is not inherently good news

    If it went up without government incentives (wasted taxpayer money being used in a way that was never intended for our government), I would say that it is more along the lines of 'good news'
     
  3. saveliberty
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    saveliberty Diamond Member

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    Still at an all-time low.
     
  4. WillowTree
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    WillowTree Diamond Member

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    Can they PAY for the fucking things? Or will we be expected to do it again?? Whattayathink??
     
  5. DavidS
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    DavidS Anti-Tea Party Member

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    Yes, how terrible of an idea it is for the government to ENCOURAGE new home sales by buying asking taxpayers to pay LESS taxes! Terrible! I thought you guys WANTED less taxes! :cuckoo:
     
  6. DiamondDave
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    DiamondDave Army Vet

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    Yes it IS terrible to have government forking out collected tax dollars in a program like that... even if I can benefit from it, it does not make it proper for our government to do

    That money or break GIVEN by the government did not appear out of thin air... are you seriously suggesting it is a savings to give money or allowance in this break by funding it with more taxes that the government has collected and run thru the wasteful red tape machine??
    THAT is what is :cuckoo:
     
  7. saveliberty
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    saveliberty Diamond Member

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    Government's encouragement of folks to buy a house they couldn't afford was what got us into this mess. If you want to toast round two, then your part of the problem.
     
  8. mascale
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    mascale VIP Member

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    The diamonddave poster probably even tried to make money at a job, or investing, knowing that Americans were being blown to bits in two basis-free, military adventures, in Iraq and in Afghanistan.

    There was a serious waste of money, including any kept by Republican profiteers who even refused to provide the troops with adequate body-armor in the field.

    GOP Arizona has introduced a bill requiring the police to focus on detaining persons they believe to be illegal immigrants. Soon Arizona is also likely to introduce a bill requiring the police to focus on detaining persons they believe to have no U. S. birth certificates.

    Anyone spots the waste and fraud in government.

    "Crow, James Crow: Shaken, Not Stirred!"
    (Many nations now have citizenship, regardless of the tribal origins, of their birth--except for some on different continents, and others on this continent, from different areas with strange little lines drawn into the hunting grounds, even underneath the glaciers--and underneath the snows--and underneath the prairie dog leavings, not picked up with the scoopers(?)! White Man bring new concepts of earth, to the peoples. Little squares now carved up into little squares: Even lost value in White Man's civilization(?)!)
     
  9. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    You have to understand people.......giving tax incentives to mega corporations that allow them to make more profits is just plain ....GOOD BUSINESS

    Giving tax incentives to struggling Americans so they can buy their first home is......SOCIALISM
     
  10. DiamondDave
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    DiamondDave Army Vet

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    Nope... giving tax incentives is not inherently a good thing, whether it be to a set of individuals or a set of corporations... but nice try, moonbat

    See... some of us are for equal treatment by government... not selective equality...
     

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