In honor of Veterans Day, I thought I would post something about the economics of Veterans. The Washington Post had an article on how Veterans are going back to using programs designed to help them purchase houses. During the loose credit days of a few years ago fewer Veterans were taking advantage of loan programs that couldn’t match what was out on the market, but now as credit tightens it is not as easy to gain loans.
If the government wants to maintain military recruitment, perhaps expansion of programs like these and the GI bill, could help maintain the strength of our all volunteer force.
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