Good news, for a change. There were a few other good news reports, it is not all scary chart index.
Lower mortgage rates are key, if they keep housing affordable, then we are sneaking by. The Ten year is down 30 basis points in a month, so that is a positive shock to the housing market. We got an expected notch up in consume confidence.
Now is the time for a tax and sequester. Lock in a low, but positive growth rate and try to Euler it out, keep the can in flight. Bore the population into productivity gains.
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