Poor Policy, Plunging Home Prices, and a Plummeting Pound
Moody's Talks - Inside Economics
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Hurricane Sandy, You're Saying, We Still Don't Get Back.
Hurricanes really actioly net boots the economy. Ad there's abig difference between economic activity and economic welfare. You take this big hit, and then you get this money flowin, in in economic activity. And at the end of all that, you're saying, we still don't quite get back. The capital stock, the physical stock, doesn'tquite get back to where it was before the natural disaster occurred.
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