Wednesday, December 14, 2011

The Domino Effect Between Housing & Jobs



The ruling elite never seem to understand that without money we can't buy their products.  Or is it that they just don't care? (be sure and link to the excellent website drivefordecentwork.org, but they are too focused on government creating jobs.  It's end the offshoring, outsoucing and the illegal immigration if you want to save America.)---rng




Good infographic on "how a housing crisis becomes a jobs crisis" from Tim Logan of the St. Louis Post-Dispatch.   

http://bloximages.newyork1.vip.townnews.com/stltoday.com/content/tncms/assets/v3/editorial/c/94/c94dba1e-e692-11e0-9557-0019bb30f31a/4e7df2c10c730.pdf.pdf
"...The purchase of a house sets off a long chain of events.  The money spent to buy it and to live in it ripples through the economy, creating jobs. From a locksmith on Main Street to an investment banker on Wall Street, furniture factories to City Hall, people earn a living off that one transaction."


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