Re: Meme
You mention home building and it's certainly a factor. What really caught me off guard, a couple of months ago, was Louis Rukeyser mentioning that thanks to increasing expences in medicare and drugs, the US didn't slip into a secdond recession...
With an already overly expensive health care system (that doesn't give you nearly enough bang for your buck, if you ask me), how can rapidly increasing expences on that front be good? (Saving a recession or not...)
To me, that's like urinating in your pants to get warm on a freezy day... (It helps, briefly, but then it gets much worse...)
KD