Originally Posted by stoner529

it wasnt the spending it was because of all the bad housing loans the bank said they were "forced" to give. It was more of stupidity by the people that really thought they could afford a 250k home on 12 bucks an hour just cuz the bank said they could get the house. everyone has cut costs right now so we are on a slow slow upswing. it will take a long time to get back to normal. then again if these people can get jobs, the over stock of homes will go away assuming they can get clean slate on their credit report.