Sense of something wrong

[NotCranky]

Hooray the squirrel wheel is spinning again!

[patientrenter]

[quote=CA renter] …..various bailouts and programs that were meant to keep asset prices artificially inflated (not really what most would call a “liberal” cause).

Mind you, I think we needed to spend some public money, mostly to keep people fed and clothed — unemployment insurance was reasonable, IMHO — but the financial/housing/mortgage sector has sucked up trillions of dollars.[/quote]

Spot-on, on all points. And the desire to avoid fundamental restructuring that would make our economy healthier in the long term is completely bipartisan.

[patientrenter]

[quote=CA renter] …..various bailouts and programs that were meant to keep asset prices artificially inflated (not really what most would call a “liberal” cause).

Mind you, I think we needed to spend some public money, mostly to keep people fed and clothed — unemployment insurance was reasonable, IMHO — but the financial/housing/mortgage sector has sucked up trillions of dollars.[/quote]

Spot-on, on all points. And the desire to avoid fundamental restructuring that would make our economy healthier in the long term is completely bipartisan.

[patientrenter]

[quote=CA renter] …..various bailouts and programs that were meant to keep asset prices artificially inflated (not really what most would call a “liberal” cause).

Mind you, I think we needed to spend some public money, mostly to keep people fed and clothed — unemployment insurance was reasonable, IMHO — but the financial/housing/mortgage sector has sucked up trillions of dollars.[/quote]

Spot-on, on all points. And the desire to avoid fundamental restructuring that would make our economy healthier in the long term is completely bipartisan.

[patientrenter]

[quote=CA renter] …..various bailouts and programs that were meant to keep asset prices artificially inflated (not really what most would call a “liberal” cause).

Mind you, I think we needed to spend some public money, mostly to keep people fed and clothed — unemployment insurance was reasonable, IMHO — but the financial/housing/mortgage sector has sucked up trillions of dollars.[/quote]

Spot-on, on all points. And the desire to avoid fundamental restructuring that would make our economy healthier in the long term is completely bipartisan.

[patientrenter]

[quote=CA renter] …..various bailouts and programs that were meant to keep asset prices artificially inflated (not really what most would call a “liberal” cause).

Mind you, I think we needed to spend some public money, mostly to keep people fed and clothed — unemployment insurance was reasonable, IMHO — but the financial/housing/mortgage sector has sucked up trillions of dollars.[/quote]

Spot-on, on all points. And the desire to avoid fundamental restructuring that would make our economy healthier in the long term is completely bipartisan.

[Arraya]

[quote=CA renter] …..various bailouts and programs that were meant to keep asset prices artificially inflated (not really what most would call a “liberal” cause).
[/quote]

In times like these, we need compassion for holders of large amounts of mortgage debt more than anything else.

[Arraya]

[quote=CA renter] …..various bailouts and programs that were meant to keep asset prices artificially inflated (not really what most would call a “liberal” cause).
[/quote]

In times like these, we need compassion for holders of large amounts of mortgage debt more than anything else.

[Arraya]

[quote=CA renter] …..various bailouts and programs that were meant to keep asset prices artificially inflated (not really what most would call a “liberal” cause).
[/quote]

In times like these, we need compassion for holders of large amounts of mortgage debt more than anything else.

[Arraya]

[quote=CA renter] …..various bailouts and programs that were meant to keep asset prices artificially inflated (not really what most would call a “liberal” cause).
[/quote]

In times like these, we need compassion for holders of large amounts of mortgage debt more than anything else.

[Arraya]

[quote=CA renter] …..various bailouts and programs that were meant to keep asset prices artificially inflated (not really what most would call a “liberal” cause).
[/quote]

In times like these, we need compassion for holders of large amounts of mortgage debt more than anything else.

[briansd1]

I agree with sdrealtor. We have growth and are no longer in a recession.

I think that it’s better (at least for my generation) to arrest the decline and pay for it little at a time than to fall to a deep trough with strong recovery from the bottom (Mind you, a strong recovery from the bottom would not mean back to the peak output).

We are now back to peak output and growing slowly. The overpriced assets will stagnate and time and inflation will take care of them.

[briansd1]

I agree with sdrealtor. We have growth and are no longer in a recession.

I think that it’s better (at least for my generation) to arrest the decline and pay for it little at a time than to fall to a deep trough with strong recovery from the bottom (Mind you, a strong recovery from the bottom would not mean back to the peak output).

We are now back to peak output and growing slowly. The overpriced assets will stagnate and time and inflation will take care of them.

[briansd1]

I agree with sdrealtor. We have growth and are no longer in a recession.

I think that it’s better (at least for my generation) to arrest the decline and pay for it little at a time than to fall to a deep trough with strong recovery from the bottom (Mind you, a strong recovery from the bottom would not mean back to the peak output).

We are now back to peak output and growing slowly. The overpriced assets will stagnate and time and inflation will take care of them.

[briansd1]

I agree with sdrealtor. We have growth and are no longer in a recession.

I think that it’s better (at least for my generation) to arrest the decline and pay for it little at a time than to fall to a deep trough with strong recovery from the bottom (Mind you, a strong recovery from the bottom would not mean back to the peak output).

We are now back to peak output and growing slowly. The overpriced assets will stagnate and time and inflation will take care of them.

[Author]

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