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Opposition to Proposed Homeowner Bailout Growing

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Opposition to Proposed Homeowner Bailout Growing

Economy

Opposition to Proposed Homeowner Bailout Growing

Opposition to Proposed Homeowner Bailout Growing

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  • <iframe src="https://www.npr.org/player/embed/89490052/89489998" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Plenty of Americans have long argued that the housing bubble was just that — a bubble. These people prided themselves on their wisdom for not buying in to overpriced houses. But now that Congress is considering bailing out overstretched homeowners, they're mad. They say the Federal Reserve should back off and let the market work.