Bottom line. Monetary Policy had reached its limits in response to this financial crisis. It is time for Congress to take clear-eyed, focus on creating targeted, well-funded fiscal policy actions to benefit regular citizens as well as financial markets and institutions. Let’s not make the same mistake that we did in 2008. Families, individuals, small […]
MoreThe term “community development” became ghettoized and synonymous with low-income housing development for those disenfranchised by the mainstream economy and civic infrastructure. The class-based exit from older communities resulted in re-segregation and isolation both urban and rural. Communities are complex systems but recent practice has effectively relegated them to the raw materials of opportunistic housing […]
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