Yes but thats (by political means) correctable by the congress, treasury and the

Yes but thats (by political means) correctable by the congress, treasury and the fed. There is a difference between catastrophic employment and home price crashing, and simply moving the time and rate of interest.

Had we acted teh contagion wouldn’t have spread.

We knew how to fix 08 (or at least for or five of us did) but the congress wouldn’t go for it. We can fix this one as well. And I’m not so confident that the congress will risist this time.

IQ loss in congresss every decade isn’t helping anything.