The President's Speech in Phoenix: What it Means and Why it Matters

Journal Article

The President's Speech in Phoenix: What it Means and Why it Matters

August 8, 2013

Abstract

The challenge that the Obama Administration faces as the president returned to Phoenix this week is in some sense the opposite of that faced when he spoke there four years ago. Then, the challenge was to break a vicious cycle in the housing market that was wreaking havoc on the broader economy. Today, it's reinforcing a virtuous one that is finally breathing much needed life into the economy.

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