It's Time to Save the Housing Sector
Boston Globe
January 24, 2008
By Robert Kuttner

Distinguished Senior Fellow Robert Kuttner argues that interest rate cuts and tax rebates don't address the real problem of today's economic crisis: the $2 trillion loss in home equity that represents the greatest part of the net worth of the American middle class. "Congress and the White House," writes Kuttner, "should get together to rescue the housing sector."