A Republican administration has nationalised Fannie Mae and Freddie Mac, though it is nationalisation with US characteristics. As a result, US housing finance has been brought under direct government control and, in the process, the gross liabilities of the US government, properly measured, have increased by $5,400bn (€3,800bn, £3,000bn), a sum equal to the entire publicly held debt and 40 per cent of gross domestic product.
不過,美國政府只是承認,這些“政府支持企業(yè)”擔負著公共目標,風險由公眾承擔,盡管并非沒有給予管理層巨額回報。這是一樁丑聞。目前尚不清楚,美國國民是否會承認這一點。由于這個爛攤子是兩黨造成的,答案很可能是否定的。
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