January 31, 2012

HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA? (CONT’D): Home prices drop, and consumers turn gloomy. “Home prices fell more steeply than expected in November, and consumer confidence soured in January, highlighting the hurdles still facing the economic recovery.”

Plus: “Highlighting the difficulty facing lawmakers who are aiming to rein in the deficit, congressional forecasters said the United States is on track for a fourth straight year with a $1 trillion-plus budget deficit as a sluggish economy holds down corporate tax revenue.”