A progressive, pro-market approach to discussing policy agenda items (in a fairly straightforward, common sense way). The blog will primarily address economic and financial markets policy, with a particular focus on public-private initiatives that generate sustainable economic growth and expand the ownership society to include the broader market - those under-served by the mainstream market.Tumblr (3.0; @thebroadermarket)http://thebroadermarket.com/<iframe width="400" height="225" src="http://www.youtube.com/embed/ESFVnZZegXs?wmode=transparent&autohide=1&egm=0&hd=1&iv_load_policy=3&modestbranding=1&rel=0&showinfo=0&showsearch=0" frameborder="0" allowfullscreen></iframe><br/><br/><p>My colleague Michael Linden discusses whether the stimulus worked. (Spoiler alert: it did.)</p>http://thebroadermarket.com/post/17770562901http://thebroadermarket.com/post/17770562901Fri, 17 Feb 2012 11:53:38 -0500economyjobsfiscal policyThe Importance of a Homeowner Bill of Rights: by Peter Swire and Jordan Eizenga The recent housing...http://thebroadermarket.com/post/17765656026http://thebroadermarket.com/post/17765656026Fri, 17 Feb 2012 09:30:00 -0500housing financehousing marketMortgage marketsRegulatory policyRegulatory reformManufacturing Bonds Presenting a Bond Guarantee Program that Could Help Our Small Manufacturing...http://thebroadermarket.com/post/17710814621http://thebroadermarket.com/post/17710814621Thu, 16 Feb 2012 09:16:31 -0500ManufacturingBusinessjobsBond marketeconomyThe Ramp Begins for “Rehab-to-Rent”: Turning Foreclosed Homes into Rental Properties Begins this...http://thebroadermarket.com/post/16942352069http://thebroadermarket.com/post/16942352069Thu, 02 Feb 2012 18:16:00 -0500Getting to the Bottom of the Housing Crisis: by Janneke Ratcliffe, Alon Cohen and Jordan...http://thebroadermarket.com/post/16828249628http://thebroadermarket.com/post/16828249628Tue, 31 Jan 2012 14:14:00 -0500housing financehousing marketsMortgage marketsRehab-to-Rent Can Help Hard-Hit Communities and Our Economy: by Alon Cohen, Jordan Eizenga, Bracken...http://thebroadermarket.com/post/16406339394http://thebroadermarket.com/post/16406339394Tue, 24 Jan 2012 08:49:50 -0500housing financehousing marketscommunity developmentcommunity financeeconomyjobsMunicipal Finance<object id="cspan-video-player" classid="clsid:d27cdb6eae6d-11cf-96b8-444553540000" codebase="http://fpdownload.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,0,0" align="middle" height="500" width="410"><param name="allowScriptAccess" value="true" /><param name="movie" value="http://www.c-spanvideo.org/videoLibrary/assets/swf/CSPANPlayer.swf?pid=303662-1" /><param name="quality" value="high" /><param name="bgcolor" value="#ffffff" /><param name="allowFullScreen" value="true" /><param name="flashvars" value="system=http://www.c-spanvideo.org/common/services/flashXml.php?programid=268564&style=full" /><embed name="cspan-video-player" src="http://www.c-spanvideo.org/videoLibrary/assets/swf/CSPANPlayer.swf?pid=303662-1" allowscriptaccess="always" bgcolor="#ffffff" quality="high" allowfullscreen="true" type="application/x-shockwave-flash" pluginspage="http://www.macromedia.com/go/getflashplayer" flashvars="system=http://www.c-spanvideo.org/common/services/flashXml.php?programid=268564&style=full" align="middle" height="500" width="410"></embed></object><br/><br/><p>Council of Economic Advisor’s Chairman Alan Krueger gives a lengthy presentation on income inequality in the US. </p> <p>Enjoy.</p>http://thebroadermarket.com/post/16181135032http://thebroadermarket.com/post/16181135032Fri, 20 Jan 2012 14:24:18 -0500income inequalityeconomyjobsfiscal policytaxesA Small Change to the Saver’s Credit Can Go a Long Way: by Camille Busette and Jordan...http://thebroadermarket.com/post/15618496399http://thebroadermarket.com/post/15618496399Tue, 10 Jan 2012 09:09:38 -0500housing financehousing marketssavingstaxes<embed src="http://cnettv.cnet.com/av/video/cbsnews/atlantis2/cbsnews_player_embed.swf" scale="noscale" salign="lt" type="application/x-shockwave-flash" background="#333333" width="400" height="262" allowfullscreen="true" allowscriptaccess="always" flashvars="si=254&&contentValue=50116747&shareUrl=http://www.cbsnews.com/video/watch/?id=7392090n&tag=contentMain;cbsCarousel"></embed><br/><br/><p>Scott Pelley of 60 Minutes investigates the issue of foreclosed and vacant homes.</p> <p class="MsoNormal"><span>In good times, the housing industry comprises about 5-6 percent of our nation’s GDP and is historically what leads the economy out of recession. The Federal Reserve lowers interest rates, mortgages become cheaper, and housing starts increase. </span></p> <p class="MsoNormal"><span>Yet, we have long since emerged from recession and the housing market remains distressed. Home prices are down by more than a third since their peak four years ago and they have yet to stabilize.</span></p> <p><span>The main reason we have not had a housing market recovery is that the bursting of the housing bubble has left us with a large overhang of vacant, foreclosed homes in the for-sale market. This serves to drag home prices down and blight neighborhoods throughout the country.</span></p> <p><span>Just to put the problem in perspective – there are approximately 400,000 foreclosed homes today and 2.8 million more expected to become foreclosures.</span><!--EndFragment--> </p> <p>Thus, to ensure a strong economy going forward, policymakers must respond to this foreclosure problem and my colleagues and I have written on several occasions (<a href="http://www.americanprogress.org/issues/2011/09/rent_rehab.html">here</a> and <a href="http://www.americanprogress.org/issues/2011/08/scattered_site_rental.html">here</a>) about one way to tackle this problem.</p>http://thebroadermarket.com/post/14622147509http://thebroadermarket.com/post/14622147509Thu, 22 Dec 2011 12:18:55 -0500housing marketshousing financecommunity financecommunity developmentMortgage marketspovertyBig Ideas for Small Business: The CDFI Bond Guarantee Program: by Jordan Eizenga The federal...http://thebroadermarket.com/post/14621729000http://thebroadermarket.com/post/14621729000Thu, 22 Dec 2011 12:07:53 -0500small businessBankingBond marketcommunity developmentcommunity financejobsConsumers Matter in Mortgage-Servicing Compensation Decision: by Peter Swire and Jordan...http://thebroadermarket.com/post/14533328685http://thebroadermarket.com/post/14533328685Tue, 20 Dec 2011 18:46:00 -0500housing financehousing marketsmortgage marketsfinancial marketsby Jordan Eizenga In the summer of 2010, I wrote repeatedly (see here and here, for example ) about...http://thebroadermarket.com/post/13785878847http://thebroadermarket.com/post/13785878847Mon, 05 Dec 2011 13:37:39 -0500jobseconomytaxesBudget<object id="wsj_fp" width="400" height="225"><param name="movie" value="http://s.wsj.net/media/swf/VideoMicroPlayer.swf" /><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="flashvars" value="videoGUID={9C24F5BC-DECE-4F94-B4C1-8733B5E28425}&playerid=1000&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false" base="http://s.wsj.net/media/swf/" /><embed src="http://s.wsj.net/media/swf/VideoMicroPlayer.swf" bgcolor="#FFFFFF" flashvars="videoGUID={9C24F5BC-DECE-4F94-B4C1-8733B5E28425}&playerid=1000&plyMediaEnabled=1&configURL=http://wsj.vo.llnwd.net/o28/players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="anonymous_element_1" width="400" height="225" seamlesstabbing="false" type="application/x-shockwave-flash" swliveconnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed></object><br/><br/><p>The Wall Street Journal outlines why it is that our most recent economic downturn has produced such a severe level of unemployment.</p> <p>Enjoy.</p>http://thebroadermarket.com/post/13472057262http://thebroadermarket.com/post/13472057262Mon, 28 Nov 2011 18:17:00 -0500jobsUnemployment Insuranceseconomyfinancial crisisHousing Refinancing Reforms Still Needed: by Sarah Rosen Wartell and Jordan Eizenga The changes to...http://thebroadermarket.com/post/13163761672http://thebroadermarket.com/post/13163761672Tue, 22 Nov 2011 13:12:58 -0500housing financehousing marketsWhy Treasury Should Extend the New Issue Bond Program: by Jordan Eizenga Our still-ailing housing...http://thebroadermarket.com/post/12512029354http://thebroadermarket.com/post/12512029354Tue, 08 Nov 2011 09:16:00 -0500Municipal Financehousing financehousing marketsfinancial marketsRefinancing At-Risk Homeowners: by Sarah Rosen Wartell, David Min, and Jordan Eizenga Our nation’s...http://thebroadermarket.com/post/11880723228http://thebroadermarket.com/post/11880723228Mon, 24 Oct 2011 18:32:17 -0400economyhousing financehousing marketsfinancial markets<iframe width="400" height="225" src="http://www.youtube.com/embed/Co6xivR2d5s?wmode=transparent&autohide=1&egm=0&hd=1&iv_load_policy=3&modestbranding=1&rel=0&showinfo=0&showsearch=0" frameborder="0" allowfullscreen></iframe><br/><br/><p>Jared Bernstein and Chuck Marr of CBPP talk about the folly of the repatriation tax holiday, which has been getting some coverage recently.</p>http://thebroadermarket.com/post/11707086784http://thebroadermarket.com/post/11707086784Thu, 20 Oct 2011 18:00:53 -0400corporate taxtaxesGetting the Ball Rolling on the CDFI Bond Guarantee Program: by Jordan Eizenga and James...http://thebroadermarket.com/post/11353923212http://thebroadermarket.com/post/11353923212Wed, 12 Oct 2011 10:17:21 -0400community developmentcommunity financeBond marketjobs<iframe width="400" height="225" src="http://www.youtube.com/embed/TUXa5J07HEI?wmode=transparent&autohide=1&egm=0&hd=1&iv_load_policy=3&modestbranding=1&rel=0&showinfo=0&showsearch=0" frameborder="0" allowfullscreen></iframe><br/><br/><p>This is a great video that compares Ronald Reagan and Barack Obama’s calls for tax fairness - the so-called Buffett rule. If the latter is a class warrior, then so is the former.</p> <p>And the Buffett rule is probably not the write name for this basic principle that calls for higher income earners to not pay less than low and middle income families. The right name is probably the Reagan rule.</p> <p>Enjoy.</p>http://thebroadermarket.com/post/11031918252http://thebroadermarket.com/post/11031918252Tue, 04 Oct 2011 16:49:16 -0400taxesBudget<img src="http://28.media.tumblr.com/tumblr_lsif3q50i31qbgg0do1_500.jpg"/><br/><br/><p>This graphic comes courtesy of the <a href="http://visual.ly/state-american-discontent">Pew Research Cente</a>r. The graphic demonstrates the widespread discontent of the American populace toward political parties, leaders, and the government.</p> <p>Pretty ugly stuff.</p> <p>Enjoy.</p>http://thebroadermarket.com/post/10992990072http://thebroadermarket.com/post/10992990072Mon, 03 Oct 2011 17:45:26 -0400government trust