In closing, it does present an interesting question as to how we grade a person's handling of an event that is largely outside of his or her control. While I don't think there was much Obama could do to change many aspects of the housing collapse, I give him high marks for creative policy innovation that probed ideas to see whether they might help while not wasting enormous sums of money on things that didn't help, for not intervening in significant ways in the natural market correction (except in the case of robo-signing when laws were being broken), and for helping those people for whom a little bit of assistance could actually make a difference (without opening the wallet wide for those who didn't need the help or who couldn't benefit from the little bit of help the government was able to offer).
- Read David Brodwin: Tax 'Uncertainty' Argument Is Just Absurd
- Read David Balto: Barack Obama Is the Clear Choice for Antitrust Enforcement
- Check out U.S. News Weekly: an insider's guide to politics and policy.