#ma

The Bush tax cuts should be extended permanently for families with annual incomes of less than $250,000 and should be phased out slowly for those making more than that. Raising taxes on anyone now, when the economic recovery is so fragile, would be a mistake. ↗

— Mark Zandi

#anyone #bush #bush tax cuts #cuts #economic

The clearest way to cut some of this fiscal drag would be to extend the current payroll tax holiday and increase it - as proposed by President Barack Obama. This would cut the fiscal drag by almost half. ↗

— Mark Zandi

#barack #barack obama #clearest #current #cut

The key to house prices is the share of foreclosure or short sales in the total housing market. When that share rises, house prices will fall, because distressed properties sell for significantly less - currently around 25 percent below non-distressed houses. ↗

— Mark Zandi

#because #below #currently #distressed #fall

The Tea Party was born out of the disgust many Americans felt early in the financial crisis upon learning that the federal government was even contemplating reducing the principal on some troubled mortgages. ↗

— Mark Zandi

#contemplating #crisis #disgust #early #even

I definitely have managed to overcome dyslexia now to become a fully functional human being but things were a lot more difficult when I was younger. ↗

— Ahmet Zappa

#being #definitely #difficult #dyslexia #fully

There is plenty of blame to go around for the U.S. housing bubble, but not much of it belongs to Fannie Mae and Freddie Mac. The two giant housing-finance institutions made many mistakes over the decades, some of them real whoppers, but causing house prices to soar and then crater during the past decade weren't among them. ↗

— Mark Zandi

#around #belongs #blame #bubble #causing

They called me the sexiest economist in America, and that was years ago, when I had hair and body mass and my teeth were shiny. ↗

— Mark Zandi

#america #body #called #economist #had

Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy. ↗

— Mark Zandi

#broader #bubble #calamity #contrast #creating

No, the real American has not yet arrived. He is only in the Crucible, I tell you - he will be the fusion of all races, perhaps the coming superman. ↗

— Israel Zangwill

#arrived #coming #crucible #fusion #i

In how many lives does love really play a dominant part? The average taxpayer is no more capable of a 'grand passion' than of a grand opera. ↗

— Israel Zangwill

#capable #does #dominant #grand #how