Thread: Wackonomics
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Old 10-31-2008, 01:32 PM   #15
Arne
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Quote:
Originally Posted by Mavdog View Post
what do you define as "living within our means"?

why is housing a "mal-investment"?
We already had this discussion. These resources should have gone into factories and businesses in exactly the way a free market that doesn't have government interference in interest rates and affirmative action banking and GSEs in housing.

Why don't you give subsidies to all home building companies for an unlimited time? If houses are so great why don't we build some more? Heck, let's invest ALL our money in housing. - There are no mal-investments after all when it comes to housing...
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