Stossel’s 20/20 Report

Stossel: The bubble was caused by too much debt-
Representative Steny Hoyer: No doubt about it.
Stossel: So the answer is more debt?
Hoyer: Most economists believe that’s the case.
…
Hoyer: Inaction, everybody agreed, was not an option…But more importantly, most of America in polling data said we needed to act.
Stossel: That doesn’t mean they’re right.
Hoyer: Well [...]