Rob Shapiro on Fox News to discuss Obama's Stimulus Program
Rob was on Fox News today to explain how the stimulus has helped regain the jobs lost during Obama's presidency, but that it has not created a strong recovery because the crisis was triggered by a financial meltdown that reflects structural problems that no stimulus can address.
Also, Rob appeared on CNBC last Friday in a discussion on Social Security benefits. Rob weighed in that if the government were to look to Social Security benefits cuts as a means to control the deficit, wealthy retirees would better absorb the burden than middle income earners.
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Home Affordable Modification Program
President Obama's first act was about the house loan modification program, or Home Affordable Modification Program. It was said that some were protesting with his program, but we all know that somehow it could be a help for our mortgagr loan or home loan and also the way it worked is that the government would work with the loan company to make a borrower’s mortgage more affordable.