hmm I disagree , back when Jimmy Carter put that in to effect the interest rates was way above 15% at the time and sometimes high as 22% for a 30 year mortgage. So in return even middle class couldn't even afford a home at the time without 2 nice paying incomes. Now after saying that who took office after that ? Can we say republicans for 12 years straight so in that time frame interest rates was slowly droping because a ecomony was becoming stable again because we had stable markets agian because we just went thourgh a oil embargo. Something simliar to what we have now. So today while the the interest rates should of climbed some , instead of being lowered , we could of had a stable market and to slow the housing market boom. So if anyone is to point fingers it's not just the Democrats it's the republicans as well.Also during the Republicans long stay they also made dam sure that the big bussines was to get they're more than fair share of tax cuts, And also incentives. For Example I remember being sent to this place before I got hired on at my present employer so that they would get a tax break for this being my first tax paying job. Sorry for the rambling , I just seen they voted against the bail out .
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