New homes are being constructed in Carlsbad, California

 
New homes are being constructed in Carlsbad, California
New homes are being constructed in Carlsbad, California January 18, 2008. U.S. President George W. Bush called on Congress on Friday to give the U.S. economy a "shot in the arm" with an election-year package of temporary tax cuts and other measures worth up to $150 billion. Financial markets are reeling amid bleak reports of declining retail sales and rising unemployment on top of soaring oil prices and a credit crunch brought on by a crisis in subprime mortgages. REUTERS/Mike Blake (UNITED STATES)