NYT: Let’s Burn Down the Economy All Over Again
5th August 2009
Steve Sailer fisks Dalton Conley’s NYT op-ed.
Personally, I suspect that the main reason that poor people are less likely to pay back their mortgages than rich people is because poor people tend to have less money than rich people, but, then, I’m not the Dean of Social Sciences at NYU like Dalton Conley, so what do I know?
Decades of government programs to make homeownership “affordable” only succeeded by 2007 in making homeownership insanely unaffordable, so I guess the plan is to replace the word “affordable” with the word “attainable” and then just rerun the same old stuff.