Really? Housing has Stabilized?

Dear Mr. Obama:

You need better advisers, because I haven’t seen evidence of this yet:

We have successfully stabilized the financial markets, and that’s important, because that was a huge drag that helped precipitate the crisis. We’ve started to see some stabilization on housing. But what we’re still seeing is too many jobs lost, too many families who are worried about whether they’re going to be next in terms of job loss …

Perhaps you should listen to Jon Stewart?

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