Quotation by

Mark Zandi

The Tea Party was born out of the disgust many Americans felt early in the financial crisis upon learning that the federal government was even contemplating reducing the principal on some troubled mortgages.

Mark Zandi

Learning

Understanding this quote AI Analysis

Many Americans became upset during the early financial crisis when they found out the government was thinking about lowering the amount owed on some risky home loans. This anger led to the creation of the Tea Party movement as a reaction to those government actions.

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