Why we shouldn't focus on housing

CNN's Ed Henry interviewed Shaun Donovan on "State of the Union". Seems like Shaun can't figure out how to lie well or cover his tracks. Ed asked him pointed questions about comments he made about the housing market including one this month: "in better shape than anyone predicted a year ago". Shaun stammered his way through the interview and seemed impressively relieved when it was over, after offering nothing noteworthy that would bolster anyone's confidence in the market.


http://thepage.time.com/transcript-shaun-donovan-on-state-of-the-union/



Surprised? I'm not. I believe that we should stop looking so hard at the housing market and start pushing the powers that be for JOBS. What good is a good housing market without the jobs to support it? Sure they can get people into houses for cheaper than ever, with great rates, but with so many people unemployed or UNDEREMPLOYED (which no one wants to talk about these days) and credit ratings in the tank, homelessness on the rise and no end in sight, who can afford to buy a house if they can't afford to keep a car, pay rent or buy groceries?



I know whereof I speak; I lost a car, a house, and recently sold another car to pay for mounting expenses that we thought we would have the money to cover by now. My husband's job of 11+ years evaporated with the housing market, and we thought he would retire from it. He's been struggling ever since to find another job, even cutting down his income expectations to half what he used to make, and he still can't find one. We are now facing the coming loss of my measly job, and the prospect of being homeless soon. Even if we took jobs waiting tables (which you can't find anyways, since so many people like us are opting for last-ditch efforts like that) we wouldn't make enough to pay the rent.



So I have some commentary for Obama: How much do you pay Shaun Donovan to field questions like this that YOU should be answering, and why don't you just use that money to create jobs? Also, if you were really doing your job, you'd cut the pay rates of the senate and their guaranteed benefits and use that to create jobs! Also: you suck.