How many successful exporters like Boeing are there in the USA? Sounds like Americans better hope that other people keep buying their planes.
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I’d be more willing to accept the viewpoints of the majority of posters to this thread if they were equally indignant towards ALL who could have done better. Singling out any of the players as the root cause of the problem is a pretty clear example of foolishness. There’s clearly a lot of blame to go around.
It’s most important to put energy into ensuring that the markets work properly by fixing the whole problem than falling prey to the temptation of pursuing the quick fix. Isn’t that what got us into this mess in the first place?
First to go should be the ‘new-economy’ belief that homeownership should be higher than the low-mid 60% range. As long as people believe the number should be well into the 70% area, the system will try to find ways to keep it that way. It wasn’t that way ten years ago and I don’t see why it should be that way now.