Last week I published a post entitled “Brass Backwards.” In it I laid out my belief that the current supply-side focused economic stability and stimulus plans being implemented fail to fundamentally redress the root of the current American economic downturn. I argued what was needed was a National Mortgage and Foreclosure Holiday and promised you a followup explaining the plan. Well, life happens and I got delayed in publishing it but have finally gotten a chance to flesh things out. Read the following post, “Happy Holiday.” It’s a work in progress–I’m still tweaking the numbers–but your feedback is welcomed.
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Carl Luna is a professor of Political Science at San Diego Mesa College and a lecturer on politics and international political economy at the University of San Diego. Carl writes for CityBeat semi-regularly. Look for him at the CityBeat website or in the print edition, from any of our 1,400 boxes around town. New editions available every Wednesday.
