President Bush: Economy Down Because We Built Too Many Houses

George W. and Laura Bush sat down this week with NBC's Ann Curry in Tanzania, and underlying the interview was anxiety about the faltering economy.

President Bush waved off the suggestion that the quagmire in Iraq is eroding America's prosperity, claiming, "I think actually the spending in the war might help with jobs."

Bush went on to say, "I think this economy is down because we built too many houses, and the economy is adjusting." He then touted his economic stimulus plan to kick back $157 billion in tax rebates.

It's indeed clear that in many housing markets overspeculation and building have resulted in falling real estate prices, as things adjust. It seems that our nation's tendency to sprawl ever outward has caused more trouble than loss of wildlife habitat and resource consumption. It hasn't been particularly sustainable when it comes to our pocketbooks, either.

If you are trying to sell your home, check out The Daily Green's guide to maximizing your chances by going green.

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