Housing Bubble, credit bubble, public planning, land use, zoning and transportation in the exurban environment. Specific criticism of smart growth, neotradtional, forms based, new urbanism and other top down planner schemes to increase urban extent and density. Ventura County, California specific examples.
Personal income increased $68.1 billion, or 0.4 percent, and disposable personal income (DPI)
increased $60.6 billion, or 0.5 percent, in June, according to the Bureau of Economic Analysis.
Personal consumption expenditures (PCE) increased $25.9 billion, or 0.2 percent. In May, personal
income increased $66.3 billion, or 0.4 percent, DPI increased $53.8 billion, or 0.4 percent, and
PCE increased $90.8 billion, or 0.7 percent, based on revised estimates.
Small wonder the bottom 4/5ths still see recession.