All Commentary
Thursday, June 24, 2010

New Home Sales Collapse After Credit Expires


“A report Wednesday that new home sales plummeted to a record low after the federal housing tax credit expired added to worries that the broader economy could relapse after a spurt of growth in the last year.” (Washington Times, Wednesday)

Broken Record Alert: There’s no such thing as a free lunch.

FEE Timely Classic:
Recycling Discredited Ideas” by Peter Lewin