No Housing Fix

Wasn't housing the root of the problem? Perhaps a $15000 credit would have been too much, but it was completely cut.

clipped from www.inman.com $15,000 homebuyer credit cut in compromise Stimulus package may restore higher loan limits By Matt Carter, Thursday, February 12, 2009. Inman News A proposal to provide a $15,000 tax credit to home buyers was stripped from a $789 billion economic stimulus package that appears headed for a vote Friday, but a restoration of higher loan limits for Fannie Mae, Freddie Mac and FHA loan guarantee programs appears to have made the cut.