Despite the administration’s assurances that things are getting better, home sales plummeted last month.  According to the The National Association of Realtors, they dropped 16.7 percent – the largest  fall in over 40 years.

This seems odd to me.  Considering that the Obama administration has has “created or saved” roughly one bajillion jobs, you’d expect this number to be headed in the other direction.

It must just be a fluke, since Obama has told us the recession is over, so even lagging indicators should now be turning around.

Surely, next month will be better.  If this trend continues, it could make the President look bad.  We can’t have that, now can we?

- Robert Laurie