In the wake of yesterday’s “Twitter townhall,” The Boston Globe put together an interesting infographic comparing Twitter users’ #askObama questions with the past two weeks of questions at White House press briefings and gaggles. At his blog, Matthew Yglesias pulled out the most striking discrepancy: while a full 24 percent of reporters’ questions focused on negotiations with Congress, only 2 percent of the questions in the Globe’s Twitter sample did so. The upshot, Yglesias writes, is that “nobody cares about the press corps’ process questions”:
Ordinary people don’t care about politics all that much. But when they do decide to pay attention to politics, it’s because they’re worried about jobs or the environment or energy prices or taxes or something. It’s never because they’re wondering how the president reacted to Steny Hoyer’s remarks about Eric Cantor’s characterization of the Treasury secretary’s statement about the debt ceiling.
Very true! But I want to focus on something else the Globe graphic showed: over the last two weeks, reporters at those White House press briefings asked zero questions about education (including student loans and college tuition) and zero about housing.
That echoes what I found last week when I looked at reporters’ questions at formal press conferences during Obama’s presidency: those topics, which are central to the economic experience of most American households, are simply not on the radar of the White House press corps.
If you check out the Globe’s graphic, you’ll see that housing and education weren’t highly represented in their sample of 13,000 #askObama tweets, either. But during the townhall itself, moderator Jack Dorsey said that 10 percent of the incoming questions dealt with education, and another 6 percent with housing. Given the diversity of topics represented in the questions, and the fact that neither of those subjects are driving current news events, that’s a pretty good indication of interest. Two questions were actually asked about each of the topics, and Obama gave answers that were, if not exactly revelatory, fairly substantial. (He also brought up the housing crisis unprompted, in reply to a question about failures his administration had made in responding to the recession.)
Afterward, Washington Post reporters Peter Wallstein and Cecilia Kang noted how unusual the comments on housing were, writing:
President Obama made a rare admission of a policy misstep Wednesday, acknowledging that his administration failed to provide enough support to struggling homeowners and recognize the scope of the nation’s housing crisis.
Obama has not often discussed the housing crisis with much of his time in Washington and on the campaign trail focused on job creation and deficit reduction.
To restate second graf that from a press-critic’s perspective, White House reporters have allowed Obama to focus his time on those subjects (which are, to be sure, newsworthy), and on the process questions that flow from them.
One outlet that has stayed focused on the housing crisis is ProPublica, which put out an #askObama question of its own, wondering if, in light of the government’s support for big banks, the president thought his administration had done enough for homeowners. The ProPublica team followed that up with a tweet linking to its coverage of the government’s mortgage modification program, which is supposed to help stem foreclosures by giving loan servicers incentives to work with underwater homeowners. That page opens with this chart, showing that cancelled trial modifications (the red bar) far outnumber permanent modifications (the green bar):

There are obvious implications there for the individual homeowners seeking relief. But this problem probably isn’t distinct from the country’s broader macroeconomic and fiscal challenges. Mike Konczal, an economist at the liberal Roosevelt Institute, has argued that to the extent that elevated unemployment is “structural,” underwater mortgages are partly to blame; economists at the International Monetary Fund
came to a similar conclusion last year. If that’s true, a more effective response here would have put more people in jobs—and that, in turn, would have taken some pressure off state and federal budgets. And maybe it still could.

@Greg
The only people driven crazy by the lack of public interest in housing and education are commie/liberals.
Government education (or perhaps more accurately "reeducation") and government housing ("slums") are the primary concerns of communist or socialist societies, not free capitalist societies. I think it heartening that the American public is not yet demanding increased government intervention in these areas.
What do you mean in your demand for a "low cost equilibrium for housing prices"? The problem with housing prices is that they are too low and still falling, two and half years into the "Obama Recovery".
We have an incompetent president - a guy who detests capitalism. Obama wrote of his very brief time at an actual job that he felt like he was behind enemy lines, and he meant it. Even worse than his snobbish, private school, Ivy League, millionaire's hatred of capitalism, is his utter practical ignorance of it - the man has never signed a paycheck in his life. His interaction with the economic engine of this country has been purely academic. Is it any wonder then that we have more than 9 % unemployment? A $1.5 TRILLION deficit? A White House staff that has received raises more than twice the national average? Dozens of "czars"? Etc. Etc. Etc?
If you bought a jelly bean factory with a credit card, would you take a credit card cash advance and lend the money to your customers so that they could buy chocolates from your competitor? Well, Obama borrowed money from China to buy GM and then borrowed more money from China to dole out to "clunker" owners to buy Hondas!
THIS is the kind of plain stupidity that Americans want Obama to address. They don't expect (yet) Obama to educate anyone or to house anyone. And that's a good thing.
#1 Posted by padikiller, CJR on Sat 9 Jul 2011 at 08:59 AM
A) Padkiller is an idiot.
The guy featured in here (not all of which I agree with, but - on the whole - correct):
http://vimeo.com/20355767
detests capitalism. *shakes head*
4 M's and a silent Q) "Do you believe investigations into fraud or other violations are warranted?"
His answer?
http://www.nytimes.com/2011/07/08/business/in-shift-federal-prosecutors-are-lenient-as-companies-break-the-law.html
Not really.
#2 Posted by Thimbles, CJR on Sat 9 Jul 2011 at 01:47 PM
"I mean, I do think at a certain point you've made enough money" - Barack Obama
"I think when you spread the wealth around, it's good for everybody." - Barack Obama
Oh yeah... This president is Mr. Capitalism, alright....
Well, for the most part, the American people aren't interested in government education or government housing. Guys like Greg are now looking at mortgage modification as some sort of government entitlement program. The commie/liberals won't be happy until we are all dressed in the same clothes, live in our government apartments, go to work at our government jobs, eat our ration of government rice... etc...
This is not what the majority of the American people want. And it drives Greg nuts.
#3 Posted by padikiller, CJR on Sun 10 Jul 2011 at 09:07 AM
It's called marketing, Ayn (of course you could argue that Adam Smith stated the same principles when he made the case for the wealth of the excessive should be taken to provide common goods for common needs, but that is not where Baracky Obama is coming from). Wall Street gave money to Barack Obama because they made a bet that he saying the right things to get elected (and yes, if you want to get elected, you talk about inequality and injustice and disparity of outcomes. Equality polls better:
http://www.people.hbs.edu/mnorton/norton%20ariely%20in%20press.pdf
than dog eat dog capitalism) but not meaning any of them.
That bet paid off, big time.
http://www.rollingstone.com/politics/blogs/taibblog/frank-rich-blasts-obama-20110706
Is Obama a socialist? Here's a hint. When jobs are hitting 9% unemployment because of an asset crash caused by idiot bankers working off a corrupt and highly inflated incentive structure, as a socialist you don't turn around all Andrew Carnegie Mellon like and allow the world to re-liquidate, but only after you've protected the wealth, profits, and power of the highest institutions who were once contributors. You don't withdraw the protections of the welfare state when they're needed most.
Is Barack a even a liberal? Why don't you ask a few some time and see what they say. I'll say this for Obama, he makes wonderful promises. Man, if promises were money, the yacht-makers would have a hard time filling the incoming orders of the middle class.
The left gets nothing but crapped on by this guy while he fills his cabinet with wall street profiteers with visions of entitlement cuts dancing in their heads and you still call him a Maoist.
You cannot believe that unless you are ignorant, insane, stupid, or a toxic mix of the three.
That would be like endorsing a three time, mistress marrying, divorcee based on his faithfulness and his commitment to family values. That would be like supporting the party responsible for 3/4ths of the federal debt (much of it incurred after 82) and utter negligence in the lead up to the bank crisis for their fiscal responsibility. Do you still believe in Santa Claus... and suspect him of being a communist?
Get real.
#4 Posted by Thimbles, CJR on Sun 10 Jul 2011 at 12:00 PM
In other news:
http://i.imgur.com/LxCgQ.jpg
#5 Posted by Thimbles, CJR on Sun 10 Jul 2011 at 12:03 PM
And in other news:
JP Morgan? Times are good:
http://www.rollingstone.com/politics/blogs/taibblog/jp-morgan-chase-fine-another-slap-on-the-wrist-for-wall-street-20110708
African American?
http://www.msnbc.msn.com/id/43645168/ns/business-eye_on_the_economy/
Really, really not so good.
#6 Posted by Thimbles, CJR on Sun 10 Jul 2011 at 07:39 PM
@padikiller,
Just going to respond to one bit of your comments. You write, "The problem with housing prices is that they are too low and still falling."
Housing prices are still falling, and that's a real concerns for people who bought near the peak, or who were counting on elevated prices to fund their retirement, among others. At the same time, the current prices are no doubt discouraging investment in new construction, even as the decline in household formation suggests there should be pent-up demand. That means there's been no recovery in construction employment.
Those are serious problems that any successful policy response is going to have to grapple with. But *after this crisis is over*, as I wrote, why do you believe it's a good thing in the abstract for housing to be expensive? It's a serious question.
(One other note: while some government policies currently work to make housing more affordable, many others -- both federal and local -- make it more costly right now. So please don't say this is all about government intervention.)
#7 Posted by Greg Marx, CJR on Mon 11 Jul 2011 at 03:46 PM
Greg asked: "[W]hy do you believe it's a good thing in the abstract for housing to be expensive?"
padikiller responds: Because it is, damn it!
Where would you rather live, Greg? In a beach house in Malibu? Or in a section 8 "affordable housing" unit in the middle of some stinkpit slum in the Bronx?
What is better? A public street lined with mansions? Or public street lined with government-owned project apartments? Where would you rather ride your bike or take a stroll?
"Affordable housing" is a euphemism for "slum".
Why do you, and your liberal kindred, think that slums are a good thing (in the abstract or in reality)? Honestly?
If you are on a city council somewhere, which would you rather see pop up on a twenty acre tract? Ten multi-million dollar mansions bringing in the real estate taxes and increasing the real estate values all around them? Or 200 low-income slum apartments bringing no taxes, a zillion kids to educate, a bunch of crime and a nuclear strike on neighboring tax assessments? Honestly, which would you vote for?
You want the most likely place to see murder? Prostitution? Drugs? Child abuse and neglect? Violence? Just walk over to the closest "affordable housing" development you can find.
The cry for "affordable housing" is merely another commie/liberal cry for the forced transfer of wealth under color of law - and it is deliberately intended by its proponents to create a permanent underclass of dependency.
The commie/liberal/progressive/whatevers don't want the government to do what is should do - namely guarantee an equal opportunity and a fair environment for people to succeed - instead they want to punish innovation and success and reward sloth and indiligence by guaranteeing minimum outcomes by snatching property from winners and doling it out to losers.
And most of the American people aren't buying this commie nonsense. They don't want the government educating or housing them, they don't expect the government to give them a house, and they still take inspiration from those who succeed and live in expensive homes.
#8 Posted by padikiller, CJR on Mon 11 Jul 2011 at 06:36 PM
"What is better? A public street lined with mansions? Or public street lined with government-owned project apartments? Where would you rather ride your bike or take a stroll?"
Public Streets? What are you, a communist?
#9 Posted by Thimbles, CJR on Mon 11 Jul 2011 at 08:18 PM
Of course, the more general answer to Greg's question is that higher real estate prices represent a higher net societal worth. People are willing to pay more for a slice of a country they value more, thus higher real estate prices reflect confidence and optimism in the future of the country as a whole.
And confidence and optimism are unquestionably "good" things, while fear and pessimism are undoubtedly bad things. The current debt limit "debate" (like raising taxes with 9.2% unemployment is a reasonable position) is perpetuating the uncertainty that is restraining the private sector.
If you had a choice, would you hire anyone now? Are your taxes going up, or down? What about health insurance costs? Unemployment insurance premiums? Who knows? Businesses aren't hiring now because they don't know what to expect.
When we ditch the nutsy leftists who've run up a $1.5 TRILLION deficit, cut spending like crazy, and start paying down the insane national debt, you will see real estate prices soar. Americans are naturally optimistic - the current pessimism is an artifact of commie/liberal stupidity that has guided public policy for too long. At the first sign of serious fiscal responsibility, the private sector will heat up like crazy - we saw a glimpse of this after the election when it became clear that liberal agenda was checked. I predict that we'll see it let loose in force if the Dems lose the Senate in 2012, as it looks like they will do.
And then housing prices will go up, which is a GOOD thing.
#10 Posted by padikiller, CJR on Mon 11 Jul 2011 at 08:30 PM
"When we ditch the nutsy leftists who've run up a $1.5 TRILLION deficit, cut spending like crazy, and start paying down the insane national debt, you will see real estate prices soar."
Yeah, because republicans are so great at paying down debt.
http://www.youtube.com/watch?v=FMEe7JqBgvg
#11 Posted by Thimbles, CJR on Tue 12 Jul 2011 at 12:48 AM
You won't get any argument from me about ditching the leftist Republicans too, Thimbles. You notice I wrote "leftists" and that I did not limit this criticism to Democrats (though leftists are obviously more prevalent among the Dems).
However, unless the GOP caves (which looks unlikely, given the extent to which they've dug their heels into their anti-tax position), this time it looks like we're actually going to see the government start shrinking.
And when that happens, I believe the private sector will take off.
#12 Posted by padikiller, CJR on Tue 12 Jul 2011 at 07:02 AM
Dude, the reason why the republicans suck at debt control is because they believe in Laffer curve fairies. Therefore they reduce government revenues below the cost of government expenses hoping the ol' supply side magic will offset the revenue loss.
Then, when the ol' supply side magic sputters, they use the fiscal crisis they've created to scale back entitlements and services.
AND then, when the 60 to 70 year old unmaintained infrastructure breaks down:
http://transportationnation.org/2011/06/13/rogoff-age-of-transit-systems-spooky/
they blame the government as if their actions, decisions, and beliefs were somehow external to the failure.
That has nothing to do with the left. That has everything to do with the fallacies of dumb conservative thinking, fallacies which continue to influence the direction of conservative policy within the democrats and the republicans.
And it will only continue to get worse as people vacillate between Obama Wall Street conservatives and whack job mad hatter conservatives.
Because neither of these idiot social clubs are going to address the real problem - consumers have uncertainty because they could lose the jobs they have and the house they own for any number of reasons, so consumers aren't spending. The government has done little but help the bankers when it comes to home security in the "hope" that economic recovery can be top down. Markets don't function top down. If you don't have confident consumers, you have empty cues in front of vendors with aging product unsold. If a vendor has product and employees that do not produce revenue, then it is logical for the vendor to cut both.
When all vendors do this then you get a a depression. If the government does not act, and act strong enough to counter depression logic, then you'll be lucky if you hold at 9% unemployment.
Now, because there are idiot conservatives in both parties pushing to contract government spending during a prolonged deleveraging/liquidity trap period, we'll be able to test whether your "business just needs the confidence boost - that can only come from shrinking government - to take off" theory is valid.
My prediction is that it will cause a collapse in consumer security and a huge private sector contraction as customers pull back their wallets and new un-employees start heading for slashed up benefits while the old un-employees benefits expire.
http://www.nytimes.com/2011/07/11/business/economy/as-government-aid-fades-so-may-the-recovery.html
See ya in a few months, padi.
#13 Posted by Thimbles, CJR on Tue 12 Jul 2011 at 11:51 AM
In the meantime,
http://www.rollingstone.com/politics/blogs/taibblog/obama-doesnt-want-a-progressive-deficit-deal-20110711
"The blindness of the DLC-era "Third Way" Democratic Party continues to be an astounding thing. For more than a decade now they have been clinging to the idea that the path to electoral success is social liberalism plus laissez-faire economics – in other words, get Wall Street and corporate America to fund your campaigns, and get minorities, pro-choice and gay marriage activists (who will always frightened into loyalty by the Tea Party/Christian loonies on the other side) to march at your rallies and vote every November. They've abandoned the unions-and-jobs platform that was the party's anchor since Roosevelt, and the latest innovations all involve peeling back their own policy legacies from the 20th century. Obama's new plan, for instance, might involve slashing Medicare and Social Security under "pressure" from the Republicans."
#14 Posted by Thimbles, CJR on Tue 12 Jul 2011 at 12:42 PM
I think it's pretty clear that entitlement spending is going on the block - one way or the other.
Either we cut benefits now in terms of dollars - or we cut benefits (in terms of spending power) later with inflation. Or both...
We can't afford them. Period. If you totally eliminate the entire defense budget... What do you have left? A TRILLION dollar deficit, that's what. Thanks to entitlements.
Now all the corporate jet taxation in the world isn't going to come up with a trillion dollars. Spending is out of control.
Obama wants us to sacrifice? For real? What's 9.2 unemployment, if not a sacrifice? What's a $100,000 loss in home value, if not a sacrifice?
Where's the government in this "sacrifice"? Where have the government employees taken pay cuts? Faced layoffs? Lost benefits?
The government has exploded under Obama. The White House staff has seen pay raises DOUBLE the national average.
Well, the Gravy Train is derailing.
The spending is going to stop and it looks like the GOP is actually hanging tough on borrowing. If they do, the Dems will either have to slash spending by legislation, slash spending by default when the federal credit card gets cut off in a couple of weeks, or borrow money in defiance of the debt limit. None of these options will get the Dems anywhere in 2012.
The absurd liberal line - that we need to "spend our way out of bankrutpcy" isn't playing to the masses well. Any plan (like the one espoused by Thimbles) to expand government spending is DOA.
#15 Posted by padikiller, CJR on Tue 12 Jul 2011 at 01:17 PM