Obama's Fuzzy Housing Numbers

If President Obama is to sell his mortgage bailout plan to the public, an important argument will be his claim that preventing foreclosures actually helps all homeowners by preventing housing prices from dropping... The claim that the program helps “shore up housing prices for everyone” has been frequently repeated by administration officials.

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  • Obama’s Fuzzy Math — Millionaires Already Pay a Fair Share
    They get free food stamps and health care through Medicaid. They get subsidized housing and earned income tax credits, are eligible for all other safety-net programs, and can earn $23,000 in pretax income and pay no income taxes.” Obama is barking ...
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