Joe Doakes from Como Park writes:
If I am funding an agency whose mission is to promote home ownership among low-income clients but a substantial percentage of those clients are losing their homes and thereby ending up worse off than before they started – foreclosed, credit ruined and evicted – at what point should I conclude that the agency is a failure and stop throwing money down the rat-hole?
It’s Economics 101; you can not make something worth other than what people are naturally willing to pay for it without creating unintended, inevitably bad consequences.
Well, it was Economics 101. In the era of Obama and Dayton, I think it must have been dropped from the curriculum to make time for GLBT economic sensitivity training.