The Obama Recession


The number of new housing projects that builders broke ground on in February rose sharply, defying economists' forecasts for yet another drop in activity.

The Commerce Department reported Tuesday that construction of new homes and apartments jumped 22.2 percent from January to a seasonally adjusted annual rate of 583,000 units. Economists were expecting construction to drop to a pace of around 450,000 units.

Let's hear it, wingnuts. If the president is responsible for the downside, he should also be given credit for the upside.

Oh wait. That would mean the far-right is intellectually honest. I forgot.