3.27.2004

Home Ownership

Hey, one of the few things I agree with the president on is the fact that more people (from a total of about 68% now) deserve to own their own homes.

My problem with Bush's approach is that at the same time he spews this stuff, he knows that foreclosures and defaults on home mortgages are at an all time high under his presidency and "economic vision" (which seems to be limited to making the rich far richer). So while it's great to buy a home, it's sure swell, too, if you can hold onto it. Just spurring the incentive on one (buying) doesn't fix the other issue (an economy sucking so badly it deprives people of the needed funds to pay for that house).