Jack Reed actually said...

One of the fundamental aspects, I think, of our recovery is stabilizing housing prices and then beginning to get people to go back to work.

Many economists indicate that that is a very wise investment, since for every dollar of benefits, you get roughly $1.60 in GDP growth.

In fact, the Open Market Committee indicates that it could reach 9.2 percent in 2009 and 2010.

The labor market is very weak but the declines might be tempered a bit because of the availability of extended unemployment benefits.