Robert Samuelson is Optimistic About the Economy

Well, at least someone is. Let's look at his case:


"The long-dormant housing market is reviving. Home prices and sales are up; homebuilders are increasing production to satisfy rising demand. Personal finances have improved. Loans have been repaid or written off. Since year-end 2009, the ratio of household debt to disposable income has dropped from 130percent to 111 percent, according to Federal Reserve data. It’s probably still declining. Over the same period, a rising stock market and highe...

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Published on March 25, 2013 02:52
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