Home > Housing bubble, Obama administration, Politics > Because the last housing bubble wasn’t enough fun …

Because the last housing bubble wasn’t enough fun …

… the Obama administration is setting us up for another one. You wouldn’t expect a political party that thinks the New Deal worked to learn from history, of course, but this isn’t history; the last housing bubble is still a current event. Considering Democrats have tripped over themselves to hang the last bubble’s responsibility around Republicans’ necks, you’d think they’d slow down on extending credit to people for homes they can’t afford. But alas, another election is nigh, and Democrats have to be able to say they gave a lot of people free stuff.

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