All Commentary
Thursday, July 7, 2011

Economic Mistakes Made, Obama Tells Twitter Audience


“President Obama admitted Wednesday that he made mistakes in his economic recovery program, including not tackling the housing crisis aggressively enough, during the first Twitter town-hall event at the White House. ‘The continuing decline in the housing market is something that hasn’t bottomed out as quickly as we expected,’ Mr. Obama said.” (Washington Times)

His mistake was in not interfering enough in the housing market?

FEE Timely Classic
“Can the Feds Save the Housing Market?” by Robert P. Murphy