[duckln]

One example that Newt mentions, is the a tax mortgage deduction that encouraged people to buy homes. This has stimulated the economy for many years. And the FM's worked well for years also, until the Democrats appointed to run them stole every penny they could.

IMO, however, the government should stay out of home loans, and college loads. etc.

[Nonstatist]

One example that Newt mentions, is the a tax mortgage deduction that encouraged people to buy homes. This has stimulated the economy for many years.

I would argue that they were distortive. People bought bigger and bigger homes, bigger than they needed, because that was the one tax deduction available to them. The money invested unwisely there could have been invested elsewhere, with more efficiency. (A hundred years ago people didnt leverage 3-5 times their annual salary to buy a house)

. And the FM's worked well for years also, until the Democrats appointed to run them stole every penny they could.

But that was inevitable, wasn't it? You put politicians in control of money to buy votes with, and what do you get? It wont be run like a money making business, thats for sure. No surprises there.