The focus, instead, should be on accelerating the process of balance-sheet repair, while at the same time returning monetary and fiscal policy levers to more normal settings. Forgiveness of “underwater” mortgages (where the outstanding loan exceeds the home’s current market value), as well as reducing the foreclosure overhang of some 1.5 million homes, must be part of that solution.
相反，在复原货币财政政策杠杆的同时加速修复资产负债表应当引起足够的重视。具体措施应包括减免“水下”按揭贷款（即未偿款超过家庭当前市值的贷款），并逐步解除悬在150万户家庭头顶的抵押品赎回权取消。还有什么其他办法能让剩余的美国房主摆脱房地产市场的影响？