Notice that we hit bottom and all we are doing is just bounding around on the bottom.

[Neubarth]

Notice that we hit bottom and all we are doing is just bounding around on the bottom. There is no recovery. From two million building permits a month to a half million roughly equates to 75% unemployment in the building industry. That really sucks if you are trying to support a family.

BUILDING PERMITS
JUN 2010 586 K
MAY 2010 574 K
APR 2010 610 K
MAR 2010 585 K
FEB 2010 612 K
JAN 2010 621k
DEC 2009 653 K
NOV 2009 589 K
OCT 2009 551 K
SEP 2009 573 K
AUG 2009 579 K
JUL 2009 560 K
JUN 2009 570 K
MAY 2009 518 K
APR 2009 494 K
MAR 2009 511 K
AUG 2008 854 K
JUL 2008 937 K
JUN 2008 1091 K
MAY 2008 969 K
APR 2008 1008 K
MAR 2008 927 K
FEB 2008 978 K
JAN 2008 1048 K
DEC 2007 1068 K
MAY 2007 1501 K
APR 2007 1457 K
MAR 2007 1544 K
FEB 2007 1532 K
JAN 2007 1571 K
DEC 2006 2068 K
NOV 2006 1505 K
OCT 2006 1535 K
SEP 2006 1619 K
AUG 2006 1722 K
JUL 2006 1747 K
JUN 2006 1862 K
MAY 2006 1932 K
APR 2006 1984 K
MAR 2006 2059 K
Economic Calendar: Financial Calendars - Yahoo! Finance

 

[Baruch Menachem]

This is the most cheerful Nubarth post ever! What caused such giddiness and joy? You been out in the weeds boy?

 

[Neubarth]

This is the most cheerful Nubarth post ever! What caused such giddiness and joy? You been out in the weeds boy?

As I have stated to you countless times in the past, all of these lies from government about recovery are just lies. You can not claim that we are in recovery when things are not getting better. In fact, Millions have simply been dropped from the Unemployment Rolls.

As everybody knows, DOL does not stand for Department of Labor. It stands for Department of Lies.