Housing starts drop 9.9% to 836,000 rate in June
Euro-zone exports, imports slump for second month
By Ruth Mantell
WASHINGTON (MarketWatch) -- Construction on new U.S. homes fell 9.9% in June to a seasonally adjusted annual rate of 836,000, reaching the lowest level since August 2012, led down by a large drop for apartments, the U.S. Department of Commerce estimated Wednesday.
What a great economy(sarcasm intended)! Thanks Obama(sarcasm intended).
Obamacare Could Push a Million People Onto Welfare
Posted on July 16, 2013 by V2A — Another wrinkle to the greatest legislative disaster in modern history is revealed in a new report called “Public Health Insurance, Labor Supply, and Employment Lock,” excerpted by James Pethokoukis at the American Enterprise Institute. The “employment lock” concept is of particular interest. It seems that the desire to acquire health insurance is a significant factor in prompting many low-income people to seek employment, and by relieving that incentive, ObamaCare could prompt a lot of marginal employees to give up and slide into welfare dependency. It doesn’t help that entry-level labor is not exactly a seller’s market these days.
It's just a theory, but . . . .(no sarcasm intended).