US Government considering paying people's mortgages

[highwaystar101]

Viper1 said:

highwaystar101 said:

I love how people think ideas like this = extreme socialism.

This wont drive people to be lazy or make them not desire jobs more than they did already. People are still greedy, most will still want to work because they will earn more money and  luxuries. This will likely be a stop gap, probably with heavy criteria, on the road to economic recovery.

Why not just let it recover on its own?  Why the massive government expansion and market take over?

 

The first option would take a few months.   The second option takes several years, trillions of dollars and alters the economic and social foundation of a country.

I dunno, I'm not to bright on the economics side of things, so everything I say should be taken with a pinch of salt.

It seems to me that in a recession like this, broadly speaking, bailouts should be vastly reduced from the level they are now, but the government should also find temporary ways of getting money to the people, through a mixture of work and welfare, until the economy recovers itself.