Saturday, July 5, 2008

It's important to remember...

...that, as Victor Davis Hanson reminded us the other day, Americans still have it very good.
See, for example, the supposed housing/foreclosure crisis:

"Slumping house prices are a concern, but we forget that nearly 95 percent of homeowners meet their monthly mortgage payments, that housing prices are merely returning to their 2002 levels — to the relief of first-time potential buyers — that many of the problems were caused by housing speculators who wished to flip properties for instant profits, by overzealous lenders who warped the rules, and by misplaced liberalism that sought to put everyone in his own home, despite the historical fact that between 30 percent and 40 percent of the population either should not, or does not wish to, own their homes."

Read the whole thing.
And remember, on this 4th of July weekend, that most people on the move in the world seek to come to America--and not to Russia, China, etc.