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That argument simply is not proving persuasive in this slowing down economy this summer. jenna: it s hard to be persuasive with some of the numbers we are seeing. major, thank you. jon: rebuilding shattered lives, five years after hurricane katrina record through the gulf coast, folks are making some progress. homes are rebuilt, lives being put back together. there is still a lot of work to be done especially in the hard-hit lower 9th ward of new orleans. trace gallagher is there. five years later, trace, what is it looking like? reporter: you want to talk about a stark contrast. look behind me. this house behind me is rebuilt, the lawn is man cured, looks like a slice of america, right, it sticks out like a sore thumb. this house next to it is falling down and hasn t been touched in five years. the house across the street down there has had some work on it but not much. if you swing around over here this house untouched. this yellow and whitehouse over here looks like it too is also ....