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US Prices, Housing Starts Plunge

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Uploaded by on Nov 20, 2008

There's more bad economic news. The U.S. government says consumer prices fell by a record amount in October. And U.S. home building dropped to a record low for the month. Meanwhile, U.S. automakers returned to Congress to press again for 25 billion dollars in emergency government loans. In New York, the Dow Jones Industrial average fell below 8 thousand for the first time since 2003.

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  • I just celebrated my eight years of self-employment. This has been the worst time in my self-employment and will probably be closing my business in a few months. If the government wanted to give me money, I would refuse it as anathema!

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