Oh no, more UNEXPECTED news about the economy!
The withdrawal of federal tax credits for home buyers led to a steeper-than-expected plunge in May home sales in much of the U.S., as the housing market struggles to wean itself from government support.
Are you fucking kidding me? No one expected the house sales to drop through the floor when the government subsidy went away? Were they all asleep in Freshman Economics?
This is what happens when you have ivory tower “experts” in charge. Reality will NEVER match the model. Just ask a meteorologist if you don’t believe me.