AP thinks Americans Idiots???
Home Sales Rose in February
Monday March 24, 6:12 pm ET
By Martin Crutsinger, AP Economics Writer
It marked the first sales increase since last July, but even with the gain sales were still 23.8 percent below where they were a year ago.
Home sales UP but they were still 23.8 percent below where they were a year ago? Do they think we are just a bunch of sheep. Bahhhhhhh!!!!!!!!!!!!!!!!!!! How can sales be up but sales are really down?
How about this headline:
Home Sales Down 23.8% y/y even after the biggest price drop in U.S. Housing History
Now wonder Mr. Crutsinger is an "Econmics" writer. I have a fricken Econ degree, but that was to avoid really studying when I went to school.