Instapundit: MAYBE THE WAPO SHOULD HAVE RUN THIS GRAPH BEFORE THE ELECTION: This Graph Should Scare You. But raising taxes (to avoid a fiscal cliff) should set that curve right again, and everything will be rosy, right?
Well this stinks: “Existing home sales tumble 9.6%.” And you’ll never guess what kind of news this is:
“The report was worse than economists had expected.” A whole lot of bad news has snuck up on economists over the past couple of years. It’s almost like they can’t see what everyone else is pretty clear about.