President Barack Obama has made numerous visits in recent months to rejuvenated auto factories and high-tech companies to tout his economic policies to address high unemployment.
West Coast Democrats note that you don’t see him making stops in neighborhoods recovering from housing foreclosures, because there’d actually have to be a housing market recovery.
“How bad does it have to get before this administration wakes up and seriously tackles this housing catastrophe?” Rep. Dennis Cardoza, D-Calif., said in a recent statement. “Without bold action, millions of more families will lose their homes and our economy will continue to stall. If this administration continues to stick its head in the sand and wait for the housing crisis to run its course, I am afraid the president could end up losing his current residence in 2012.”
Full story: West Coast Democrats fault Obama on housing