dan ryan

What Happens if Congress Extends Tax Cuts for Those Making 500,000?  This is another good idea about how to switch the cliff into a gradual slope which balances the short term need for economic support with long term need for fiscal restraint. We shall see how the negotiation unfolds.

Not a simple mismatch but a lack of demand. Here  are the chairman's comments about the sluggish recovery.

As noted  here , Papa John did not understand the free market theory that he cares so much for. We have seen a lot of this lately as the narrative related to the fiscal cliff has shown that if you a truly free market the fiscal cliff would have been the necessary purging of the wretch in the economy. Consistency is key to understand conviction from convenience.

More  news  in the right direction. The housing industry continues to show signs of the methodical recovery. Slow and deliberate but steady and upward.

I think they will be slightly above 840.  There is some possibility that we will get back a million starts by the end of 2013.  This is will continue to help positive GDP growth in 2013.  

Existing-Home Sales Rise in October with Ongoing Price and Equity Gains | realtor.org : Another piece of positive news in the housing market.

NAHB: Builder Confidence Rises Five Points in November : The climb continues... I think by middle of next year we can finally yet expansion or 'good' conditions.