Wednesday, October 28, 2009

A drop in which bucket?

I usually respect David Leonhardt's columns, but I wonder why he complains about the administration's plans to give SS recipients an additional $250, but has nothing to say about the home buyer's credit. The former, seems to me, puts a little extra pocket money into seniors' pockets, a group that votes and spends at Wal-Mart. The latter only maintains inflated home prices, the bubble that burst in the first place. A fact, Mr. Baker never tires of pointing out, the media seems to still be blissfully unaware.



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