Quote by Glenn Hubbard
President Obama has basically avoided or not done any attempt to intervene in any positive way in the housing market. I think in the financial crisis that's been a shame.
Summary
This quote criticizes President Obama for his lack of action and intervention in the housing market during the financial crisis. The speaker believes that this inaction was detrimental and expresses disappointment in the President's failure to address the issues associated with the housing market and its impact on the overall economic crisis.