Housing Numbers Weaker: A Curious Fact?
Today's housing numbers were weaker than predicted by economists. Economists predictions turning out to be wrong is no big deal. But it's a rather curious fact reported in one article I read that really caught my attention.
From here it looks like we're seeing, yet again, the attempt to "spin" the data to look good, no matter what the data actually looks like. And the fact is, the housing "recovery" that's been trumpeted recently is THE big item in the "positive thinking" economic folks quiver of "things-that-make-you-smile-about-our-improving-economy." So anything that threatens this "housing recover" threatens the whole "positive thinking" cult that operates the main stream media so earnestly keeping us thinking happy thoughts - or at least trying to.
Heck, none of this makes any sense to me. I'm thinking happy thoughts all the time (or at least some of the time, truth be told). They just don't happen to have anything to do with the economy. How about every once in a while we just take the data and assess it in some form that approaches objectivity?
But that's our challenge folks. We need to get the old brain churning and use some of that reason that God hard-wired into us human creatures of His, as opposed to the other animals. Use it or lose it, as they say.
The NAHB said it was seeing stronger demand for new housing and that high costs for building materials were coming down. Lumber prices, for example, have fallen 26% from their April peak, according to data collected by the industry trade group.How does this happen? You have "stronger" demand for houses, but the price of the material used to build them goes down - by 26%? Shouldn't the "strong" demand be pushing lumber prices up?
From here it looks like we're seeing, yet again, the attempt to "spin" the data to look good, no matter what the data actually looks like. And the fact is, the housing "recovery" that's been trumpeted recently is THE big item in the "positive thinking" economic folks quiver of "things-that-make-you-smile-about-our-improving-economy." So anything that threatens this "housing recover" threatens the whole "positive thinking" cult that operates the main stream media so earnestly keeping us thinking happy thoughts - or at least trying to.
Heck, none of this makes any sense to me. I'm thinking happy thoughts all the time (or at least some of the time, truth be told). They just don't happen to have anything to do with the economy. How about every once in a while we just take the data and assess it in some form that approaches objectivity?
But that's our challenge folks. We need to get the old brain churning and use some of that reason that God hard-wired into us human creatures of His, as opposed to the other animals. Use it or lose it, as they say.
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