US Bailout Plan Vote Coming Soon
The US government is going to attempt to pass a bailout plan to save the economy. Maybe it will work and maybe it won’t. Attempting to throw money at a situation without changing other factors rarely works. How about removing top government officials who should have had economists forecasting these problems months ago? I can’t believe that economists for NYC Mayor Bloomberg’s private company weren’t able to predict the fall of the economy.
Hugs,
marlene
Topics: Politics | 1 Comment »
October 1st, 2008 at 10:46 pm
I saw this coming three years ago which is why I didn’t bother with this silly sub prime mortgage stuff to begin with.
We have been hit with a double whammy of the Great Depression of the 1930’s (soon to come) and stagflation of the 1970’s. It could take years to drag ourselves out of this mess.
Chris F.s last blog post..Happy Birthday, Deborah Kerr