Opinion | Why the U.S. economy is doing so well

==========

The U.S. economy is doing well due to Fannie Mae and Freddie Mac, which provide fixed-rate mortgages under 4 percent to almost 60 percent of U.S. homeowners. This is in contrast to other major world economies where banks issue short-term, floating-rate mortgages. Democrats saved Fannie and Freddie from being wound down a decade ago, which has contributed to the current boost in the U.S. economy.

https://www.washingtonpost.com/opinions/2024/02/02/us-economy-mortgage-rates-fannie-freddie/