New Homes?

Once again, sorry for the thin gruel I’ve been dishing out that last couple of weeks. By next week I should be shoveling the prodigious chunks of cheese, corn, cheese-infused corn, and corn-encrusted cheese bits you’ve come to expect from this establishment.

I did notice that the headlines are shouting about another big drop in “new home sales.” Like this article, for example.

Apparently the number of Americans buying brand-spanking new homes is a major indicator of our economic health. Or to be more exact, the rate of growth in the sales of brand-spanking new homes… is. (By the way, when swatting your child is criminalized in this country, as a bill introduced in Massachusetts a few months ago would have done in that state, will we be compelled to describe something that has just been constructed as “brand time-outing new”?

Anyway, I always wonder about the assumption that an ever-expanding number of Americans are going to build new homes when I juxtapose it with the fact that we are very close to zero population growth. In fact if it weren’t for the robust birth rates of Hispanics (legal and otherwise) we actually would have a shrinking population, as this graph by John Derbyshire reveals. (You need to know that the all-important replacement rate to at least maintain a population is 2.3 children per household.)

So given a static number of households, just where is this demand for new homes supposed to come from? Are upwardly mobile couples who want a new house in the exurbs going to simply abandon their existing homes in the suburbs if they can’t find a buyer?

If everyone is going to be on a never-ending climb up the property ladder, you need a steady stream of people who want to jump on the bottom rung. Don’t look to illegal immigrants. They send the lion’s share of their money back “home.” (Noticed all the Western Union moneygram storefronts proliferating in the “transitional” areas of the city, lately?)

Given the easy credit and low interest rates that have been in place for a couple of decades now (you know the ones that have fueled the sub-prime loan “crisis”?) pretty much every apartment dweller that is remotely interested in owning a home has one.

What’s the answer?

How about revising our assumptions about sales of new homes? I realize that some of the fastest growing companies in America over the last few years have been the big national home builders.

But maybe those days are over. And maybe the big builders chains should get into the remodeling business.

"First They Came for Piglet. . ."

pooh-piglet.jpg

Mark Steyn, brilliant as usual, on Britian’s continued appeasement strategy in relation to Islamists.

Here’s another news item out of Britain this week: A new version of The Three Little Pigs was turned down for some “excellence in education” award on the grounds that “the use of pigs raises cultural issues” and, as a result, the judges “had concerns for the Asian community” — i.e., Muslims. Non-Muslim Asians — Hindus and Buddhists – have no “concerns” about anthropomorphized pigs.

This is now a recurring theme in British life. A while back, it was a local government council telling workers not to have knick-knacks on their desks representing Winnie-the-Pooh’s porcine sidekick, Piglet. As Martin Niemöller famously said, first they came for Piglet and I did not speak out because I was not a Disney character and, if I was, I’m more of an Eeyore. So then they came for the Three Little Pigs, and Babe, and by the time I realized my country had turned into a 24/7 Looney Tunes it was too late, because there was no Porky Pig to stammer “Th-th-th-that’s all, folks!” and bring the nightmare to an end.

Do read the whole thing.

What a Tragedy Canada Has Become

Canada is, what America would be if it had no conservatives.

Like Mark Steyn, journalist Ezra Levant has been dragged before Canada’s orwellian “Human Rights Commission” for offending Muslims. The horror of political correctitude that Canada now is is precisely what we will be if we continue to hand political control over to the party of Nancy Pelosi and Barbara Boxer.

Please take the time to read Ezra Levant’s op-ed about what he is experiencing and what it portends.

Fred is Out

To no one’s surprise, Fred Thompson has dropped out of the race.

In hindsight, Monday morning quarterbacking, and all that. . .Remember that six month period of time when Fred was doing a fan dance? Teasing everyone about if and when he was going to get into the race?

Early on, there was a huge amount of excitement among rank-and-file conservatives about the prospect of his candidacy. But by the time he actually got around to making it official, a good number of those people had already become emotionally invested in another candidate–some to Huckabee, some to Romney, even some of Ron Paul’s less “eccentric” supporters should have been Fred peeps.

Fred also never built a deep, organized campaign operation. It was a little like he wanted to be nominated by acclamation. And maybe he will be, yet. It’s extremely unlikely, but if we get a brokered convention, Fred could emerge as a large number of folks second choice.

It’s happened before. Back in 1920. Out of a hastily arranged meeting which gave us the term “smoke-filled room, ” Warren G. Harding emerged from nowhere as the man that nobody hated and therefore everyone accepted.

Islamicization of Europe—Exhibit 3455

From the Daily Mail. . . 

Muslim M&S worker refused to sell ‘unclean’ Bible book to grandmother, customer claims

A Muslim store worker at Marks & Spencer refused to serve a customer buying a children’s book on biblical stories because she said it was “unclean”. Sally Friday, a customer at a branch of one of the famous stores, felt publicly humiliated when she tried to pay for First Bible Stories as a gift for her young grandson.

When the grandmother put the book on the counter, the assistant refused to touch it, declared it was unclean and then summoned another member of staff to deal with the purchase.

Hat tip: Media Blog

Pressing Deadlines

A number of pressing deadlines are going to make for light blogging here over the next two weeks. My apologies. Nevertheless, I will try to post links to items I find noteworthy.

For example,

 I have argued in the past that Mike Huckabee may be more a man of the Christian Left rather than the Christian Right—although he has been tacking hard to the right for weeks now (immigration, taxes, even backing off his federal anti-smoking stance) as any candidate hoping to appeal to a majority of Republican primary voters must do–I likened his stances to those of evangelical liberal Jim Wallis.

I mention it because of this post by Ramesh Ponnuru about Wallis over at NRO. Excerpt:

Every time I read him on this subject [abortion], I get the impression that he is running for something. It’s not because his remarks don’t make logical sense. They don’t, but coherence as a thinker on any topic is not his gift. It’s because they always seem carefully evasive. His new booklooks like a rehash of his old one, plus a foreward by Jimmy Carter. Its discussion of abortion follows the same personally-opposed-plus-Bible-quotes track that he has lately traveled.