For decades, highly subsidized credit and grants have not helped African businesses grow but has often created a dependency syndrome.

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Second, we also applaud Secretary Mosbacher's statement that the United States will not engage in a subsidized credit war with our allies favoring Moscow.

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Indeed, according to the National Association of Home Builders (NAHB), the stimulus of a similar federal tax credit and subsidized mortgage rates offered in 1975 were instrumental in pulling the economy out of recession back then.

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