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Reply to "Are you better off than four years ago? (in two easy graphics) "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm a Dem and I love the President, but to answer #2, he should have dealt better and faster with home values. They didn't do so because it cost too much to fix the whole problem but I think they could have addressed the margin much better than they did. That said, I wouldn't trade this President for any money. No one could have predicted how this economy was going to roll out or what things would prove, in hindsight, to be key. I think he's done a better job than pretty much anyone else might have.[/quote] Why should they address home values at all? They are over-inflated. We know that, so what are we supposed to do, re-inflate them?[/quote] A slower ride down would have been easier for the economy to absorb. The reason to address it is to try and dampen the shock in consumption. [/quote]
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