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Please read "The Two Income Trap" September 29, 2010 | 09:52 AM
I wonder if Card is really a Democrat as he has claimed to be in past. If he has changed his political affiliation in the past 5 years, then I this articale makes sense, but if he still claims to be, he may just be a DINO.
As for saying that Elizabeth Warren is an "extreme leftist" means that he has not considered the book, "The Two Income Trap". Warren and her co-author claim that families are better off only having to rely on one income, and not two. Also that school vouchers (Neal Boortz is all about vouchers) will keep families from overextending themselves by buying homes in expensive neighborhoods. Yeah, what a leftist.
Also, she has a lot of experience in Bankruptcy Law, and understands that the real reason for bankrupcies is not that consumers are overspending, but that fixed expenses - health insurance premiums, education expenses and 2nd income expenses - are cutting into the ability of parents to pay the mortgage.
Bevan Buchanan
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