software soft. it s allowing us to do amazing things. there are other material technologies that we can manipulate and life sciences that are coming along. i don t get a sense there is a shortage of new technology, but obviously we ve got to get past this housing slump and banking crisis and all that before we can really take advantage of that stuff. today government is now expanding broadband coverage as it did with electrical power in rural america 75 years ago or interstate highway system, but rapid change means many jobs lost in the recession will never come back. some now call for retraining workers. probably a mixture of local governments, stated governments and federal governments with the private sector to produce an occasional system and beyond educational, i don t think it s k-12 but it s continued at
search engines and software stuff. and it s technology we can manipulate. life sciences we that are coming along. i don t get a sense there is a shortage of new technologies but we need to get past the housing slump and banking crisis and all that before we can really take advantage. government is expanding broadband coverage as it did with electrical power 57 years ago. or the interstate highway systems. many jobs lost in the recession will never come back. some call for emphasis on retraining workers. probably a mixture of local governments, big governments and federal government initiatives with the private sector to produce an educational system and beyond educational, i don t think it s k-12 or its college,
you can get discounts of 27 per off nationwide on average. existing home sales down across the board. the west holding in. those numbers were unchanged. we are seeing deals on foreclosed homes, the top ranking onesn are in nevada, california, arizona and illinois. be ohio and kentucky. alisyn: that is the silver lining there are great deals if you can afford them. this housing slump not contained to any one area in particular. sales were down across most regions of the united states. last month sales dropped 6.4% in the midwest. 5.1% in the south, and 2 1/2% in the northeast. the west was the on region that remains unchanged. just ahead breaking down these dismal numbers, a real estate executive on what these statistics mean for our economy, that s just ahead. it s a race against time.
hospital this month. a new law would reduce the amount of secondhand smoke children would brief. similar laws are on the books in main arkansas. we want to know what you think about it. all right. get started. we are up so you have to start participating, as well. next on the run down, one prominent economist said the housing slump is bad and going to get worse. guess who the white house is blaming? stuart varney. no. stuart varney is talking about it, though. up next. and then a pill that could replace the sleeping pill. we will talk about that.
treated smith fairly. it says it it can t know what smith was told. bank of america says it has done everything it can to help smith keep his california ranch. it is now foreclosing. that could take years. smith now, 73, says he will wait it out. back in connecticut, connie faces foreclosure too. a family living onboard rowed on borrowed money and borrowed time. do i blame the government? yeah. don t sell me false hope and put me in the predicament you have put me in because all you have done is made it worse for me bret: hard to see the economy improve if we don t pull out of the housing slump. are government initiatives to stop for closures making things worse? things worse? th [ artis brown ] america is facing some tough challenges right now.