Not exact matches
But buying out the farmers would be a one - time payment that would halt an even
greater transfer of wealth over time (and
drag on the
economy).
But buyers beware, as the worst foreclosure crisis since the
Great Depression
drags down the National
economy, the government is making only limited progress this year
on proposals for sweeping changes in the home mortgage industry and rates.
Far from «coding» being the
great advance for our
economy, it is often, as in this sorry tale, a
great drag on it, because this is how many large system implementations fail.
Debt is good if you're a bank — banks sell debt, it's their main product — but our high levels of mortgage debt are a
drag on the rest of the American
economy and help explain why the
Great Recession was so deep and so long.