Why not actually encourage savings and thrift, instead of discouraging savings in favor of borrowing? Is it really a good thing to keep 95% of Americans on the slave-treadmill, in hock to the company store? Bad idea in the 1800s when there were company towns. Just as bad now.

I have a different idea: mandate vacation time and working hours in line with most of the civilized world. Reduce productivity per worker, so that more workers reap the benefits of employment.

Let home prices fall to where they’re affordable on one to 1.5x the average income in an area.