The trouble with bailing out homeowners

The World

A homeowner bailout now looks more likely than ever. Both presidential candidates, John McCain and Barack Obama, are floating plans to help homeowners stuck with bad mortgages and the threat of foreclosures. But is that the best solution to the problem? New York Times Columnist and Economix blogger David Leonhardt talks about the pitfalls of a homeowner bailout.

Will you support The World with a monthly donation?

Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you. We need your support to ensure we can continue this work for another year.

Make a gift today, and you’ll help us unlock a matching gift of $67,000!