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From Huffington Post:
Many of the professional economists who formally endorsedJohn McCain's economic plan are expressing bewilderment with his most recent proposal to rectify the home mortgage crisis.
...[R]oughly a dozen of McCain's economist supporters said they disagreed with the Senator's recent proposal -- for the government to buy distressed mortgages at face value from banks and renegotiate them with homeowners. Several viewed it as a gimmick, driven mostly by political circumstance. Only one pro-McCain economist spoke up in favor of the plan.
1 comment:
I clicked on the link seriously expecting the "one pro-McCain economist" who spoke in favor of the plan to be Douglas Holtz-Eakin.
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