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Away from politics, both NBC's Mike Taibbi and CBS' Anthony Mason checked in on the real economy. Both found signs of recovery from recession: both pointed to increased spending by consumers and higher profits for corporations; Taibbi cited higher prices on the stock market and signs of a return to hiring. Mason cautioned that residential real estate has not yet rebounded: "Foreclosures are expected to hit an all time high in a key report out tomorrow." Foreclosures had been the very problem that David Muir focused on in his Fight for the Middle Class feature for ABC Tuesday: "So far, of the more than one million homeowners who have signed up for help through the President's plan, only 170K have had their mortgages permanently lowered."
Andrew Tyndall 4/15/10 10:42:55 pm

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