National Catholic Reporter

The Independent News Source

Galston on Housing Crisis

The always smart and almost always correct Bill Galston has an article up at the New Republic about steps the President can take to deal with the housing crisis.

Of course, DC is focused almost exclusively on the budget, which makes sense given the looming deadline to raise the debt ceiling. But what they should be focusing on is jobs, but it is hard to stimulate job growth while consumers remain wary about over-spending. And consumers will remain wary about spending until they feel that their investments in their homes are not going to deteriorate. So, whenever Congress and the White House finally get their act together on the debt, they should look at important proposals like these.

NCR Comment code: (Comments can be found below)

Before you can post a comment, you must verify your email address at Disqus.com/verify.
Comments from unverified email addresses will be deleted.

  • Be respectful. Do not attack the writer. Take on the idea, not the messenger.
  • Don't use obscene, profane or vulgar language.
  • Stay on point. Comments that stray from the original idea will be deleted. NCR reserves the right to close comment threads when discussions are no longer productive.

We are not able to monitor every comment that comes through. If you see something objectionable, please click the "Report abuse" button. Once a comment has been flagged, an NCR staff member will investigate.

For more detailed guidelines, visit our User Guidelines page.

For help on how to post a comment, visit our reference page.

 

Feature-flag_GSR_start-reading.jpg

NCR Email Alerts

 

In This Issue

July 18-31, 2014

07-18-2014_0.jpg

Not all of our content is online. Subscribe to receive all the news and features you won't find anywhere else.