While the White House and their propaganda minions go on their “road to recovery” spree on Twitter, the rest of America is feeling the effects of the Obama economy and it’s only going to get worse.
Sales of newly built U.S. single-family homes unexpectedly fell to a record low in January, according to government data on Wednesday that hinted at potential trouble for the fragile housing market recovery.
The Commerce Department said sales dropped 11.2 percent to a 309,000 unit annual rate, the lowest level since records started in January 1963, from an upwardly revised 348,000 in December.
It was the third straight month that new home sales fell and the percentage decline in January was the largest in a year.
It’s no surprise really considering the unemployment rate, regardless of what the Obama “road to recovery” image says. All the White House seems to care about is forcing their government health care bill through. I sometimes wonder how America will make it to 2012.