Government Is To Blame For The Housing Bubble And The Auto Crisis

“…federal fuel-economy mandates that require them to lose tens of billions making small cars Americans don’t want in high-cost UAW factories.”
- Holman W. Jenkins, Jr.

“Between 1994 and second quarter 2008, the U.S, housing stock more than doubled in value from $7.6 trillion to $19.4 trillion. Almost three quarters of that increase was due to a speculative bubble, the root cause of which was government policies designed to increase home ownership…”
- Harvey Golub



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