85% of Democrats and 63% of Republicans are WRONG!!

No Malarkey!10/18/2011 7:37:17 pm PDT

“It should be recognized that if real estate prices have dropped 30% and if the cost of home ownership or renting is 35% of one’s income, a reduction of salaries and benefits approximating 10-11% should be tolerable, as a starting point.”

The problem with that theory is that my mortgage didn’t drop 30% when the real estate bubble burst.