Jobs and economic properity go hand in glove with home sales. What President Bill Clinton and his advisers understood, “It’s the economy, stupid,” may slowly be sinking into Democrats today after their mid-term electoral thrashing. New York Senator (D) Charles “Chuck” Schumer, speaking at the National Press Club this week was one of a growing train of Democrats wringing their hands and pointing fingers over political losses in 2010 and 2014 they now think was avoidable.

Politico  points out that even left wing party leader, Elizabeth Warren agreed with Shumer; up to the point of supporting the suffering middle class. “Senator Warren agrees with Senator Schumer that there was an urgent need in 2009 and 2010 to help middle-class families who were struggling to get by and that more should have been done,” said Warren spokeswoman Lacey Rose.

Speculation as to why Schumer spoke out when and as he has done is growing. Was it to give political cover for his own reelection campaign? Was it to give cover for an expected Hillary Clinton run for the White House?

“If Sen. Schumer feels this way, he should support big ideas that positively impact the lives of every American … like breaking up the big banks so they can’t crash our economy again,” said Stephanie Taylor, Progressive Campaign Change Committee co-founder. Taylor is also a Senator Warren backer, so Politico  indicated he was taking a shot at Schumer’s Wall Street ties.

Does someone need to remind Taylor that Democrats already passed Dodd-Frank, which is arguably harming home sales in manufactured housing and the economy as a whole? What is certain is that bigger banks have done well under Dodd-Frank, while smaller lenders face the painful choices that U.S. Bank recently had to make with their manufactured home loan program. ##

(Photo Credit: Harry Reid, Chuck Schumer (r) – Politoco)