Will Obama's Housing Plan Increase Unemployment?

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I all for our new President don't get me wrong. But i think hes going about this housing bill and deal all wrong, Leaving out many american's that are working two jobs and having more bills then they know what to do with all to help the people that spent more money on a house then anyone should have. Here i am working my wifes working and we settled for the cheapest house we could find to buy just in case one of us lost a job but yet we aren't gonna get any help from the bill oh no. its all gonna go to over spenders in big cities. NOW how is that right im still going to have to pay for there house so they can keep it but im not going to see anything from it. So i think he could have done better and really should do better if he wants to BOOST america back to where it should be,

Ben Aaseby of ID 4:35PM March 11, 2009

But I prefer to decide where I want to put down my roots and raise my family. That's the way the settler's that founded the centers of commerce did it and gave us a pretty good pattern to follow.

HillbillyBill of TN 7:47AM March 11, 2009

Capital always migrates to the highest return just like water always seeks the lowest level. How would one "Raise high-end and corporate income taxes so companies do not find it so attractive to move to cheaper labor."
We live in a free country, itself in global economy, and have no power stop business from setting up shop in India, China, wherever. Raising taxes solves nothing. The politicians waste it and come back for more, inevitably for "our seniors and our children."
Reduce taxes, reduce the outrageous administrative overhead that even tiny businesses must endure and the money will stay right here at home. Uncle Sam IS THE PROBLEM.

Dave of FL 11:21PM March 10, 2009

Increase
Unemployment
Interest rates
Inflation
No Growth. You can't be anti-business and anti-success and expect anything else.
Obamanation

Larry of CA 2:40PM March 10, 2009

Don't marry. Don't have kids. Don't own a house. Move to wherever the gold rush is.
Also: Raise high-end and corporate income taxes so companies do not find it so attractive to move to cheaper labor. If they either have to pay YOU where you are or pay significant tax on the earnings they get from moving to cheap labor, they'll more likely stay put and pay you.

Muser of NM 1:44PM March 10, 2009