Tag: The Economy
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McCain vs Obama: Bailouts
I’ve been rather silent on here in the last couple weeks – finals and Spring Break will do that. Throw in an early birthday present (a Wii!), and posting has been a low priority. Anyway, the New York Times has an interesting post on McCain and Obama on subprime bailouts Hat tip Greg Mankiw.
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Scary Economics
During the Republican debate at the Reagan Library, John McCain was asked: [Do] you have a plan to help people with bad credit get lower interest rates so they can keep those homes and avoid foreclosure[?] Any answer to that other than “No,” “What?”, or “Why?” demonstrates a misunderstanding of how we got to where…