Sunday, February 23, 2014

Five Years After Recovery Act: Cleveland Homeless Better Off

This week was the anniversary of the American Recovery Act signed into law to clean up the mess that Wall Street made of our economy.  The lax regulations of big banks and the unregulated housing market corrupted the financial industry.  A lot of ink has been spilled to complain that the ACA was a giant boondoggle because we still have a relatively high unemployment rate.  I don't know about the other areas of the ACA, but I can say that it was a life saver for homeless people in Cleveland. 

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