UM: Presidential Race

A National Public Radio report looks at how presidential candidates Mitt Romney and Barack Obama are addressing the issue of housing. The report quotes University of Michigan professor Michael Barr, a former Treasury official, who describes Obama’s approach in his first term and plans for a second term. Barr concludes: “There is no silver bullet. There are lots of things that need to get done. Each homeowner’s circumstance is somewhat different. And trying to figure out how to get them help is, I think, a more complicated and difficult task than would be reflected in a bullet point or a sound bite.” [Source]