Welcome to the Recovery! Seriously, We Promise, Its Real This Time – Derek Thompson – The Atlantic

But lets focus on the positive. Housings comeback is the most important economic story of the moment, and maybe the year. Heres why. If residential investment simply returns to its long-term average going back to the 1990s, “it would add 1.7 percentage points to overall growth in the coming year,” Neil Irwin writes, putting overall growth in the coming year at about 3.2%. Now thats something you could call a recovery.

via Welcome to the Recovery! Seriously, We Promise, Its Real This Time – Derek Thompson – The Atlantic.

Notice the portraits on the wall!  FDR and Stalin, now there’s a pair!

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About thet7200

David Milliken has been a life-long, incurable English Major currently serving as Marketing VP for Lawyer-Agents.com and 4Inc.com, a provider of registered agents, incorporation services and LLC's and trademarks. Prior to that he was a professional chamber of commerce executive for chambers in Ohio, New York and Kansas. Other work includes community college PR, brick sales and community/economic development He is a graduate of The Ohio State University and Idaho State University(M.A.) He attended Kansas State University for more English studies. He has not been a butcher, baker nor candlestick maker, but he has taught English and run for political office. David Milliken is an author aspiring to become a published one.

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