Another day removed from President Barack Obama's address to Congress on job creation and the economy, some reporters and commentators are narrowing in on an omission they see in his plan: What's he going to do about all those mortgages?
Mortgage debt continues to hold down consumer spending and imperil the financial security of American households. Short-term stimulus, like Obama's calls for an extended payroll tax cut and new spending on infrastructure, will not make that debt burden go away, economists tell The Washington Post:
No comments:
Post a Comment