The median house price is now about where it was in February of 2004. In other words, if you bought a house after Februay 2004 it is now worth less than what you paid for it.
http://www.msnbc.msn.com/id/28367333/
This article also talks about the number of jobs lost in 2008. Looks to me like we'll lose 2 million jobs in 2008 by the end of the year.
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