In Pennsylvania this morning, Hillary Clinton delivered what her campaign is calling "a major policy speech" on the economy. Sharpening her focus on the housing crisis as the crux of the trouble, she aimed her criticism at the current administration's handling of the situation. Clinton said, "we need a president who is ready on Day One to become commander in chief of our economy . . . that means acknowledging that our economic crisis is, at its core, a housing crisis."
Touching on the broad reach of the financial slump, Clinton said, "Abandoned houses and boarded up homes mean higher crime rates." The speech lands amid stark assessments of the country's economic state, with weekend reports showing signs that payday loans are the latest indicator of housing distress. In her economic plan unveiled this morning, Clinton called for "unscrupulous mortgages lenders to establishing a 90-day moratorium on foreclosures and a five-year interest rate freeze on subprime mortgages."
Will these ideas help? Do you think the economy is getting the attention it deserves? Do you think its strength will have an impact on the outcome of the election?