Fri Feb 6, 11:53 AM Pacific • posted by Jed Lewison

Question

I just saw Tom Coburn saying the solution for economic recovery is to "fix housing."

WTF does he mean? I hear this all the time from GOPers.

Do they mean that housing prices need to return to bubble-levels? Do they even think that's possible without tremendous inflation?

And if it were possible, wouldn't it just lead to a repeat of the mess we're in now?

To me "fixing housing" means putting in place policies that will prevent this from ever happening again. But the idea that we can return to the artificially high prices of the housing boom without ruinous economic policies is a complete and total joke.

There's a reason people like John Cole call Republicans clowns.

It's because that's just what they are.