Obama just said that the primary cause of the recession was the housing bubble bursting. Guess what — he is right for a change.
What caused the bubble in the first place? The Clinton era policy of the government encouraging banks to lend money to people who could not afford to pay it back. So now he proposes more of the same. And, of course, more deficits to finance this “new” plan.
Obama just said that the primary cause of the recession was the housing bubble bursting. Guess what — he is right for a change.
What caused the bubble in the first place? The Clinton era policy of the government encouraging banks to lend money to people who could not afford to pay it back. So now he proposes more of the same. And, of course, more deficits to finance this “new” plan.
What was Einstein’s definition of insanity?