700 bn $ and just THREE pages

Sep 22, 2008 22:56

Monday, and the Dow erases in one fell swoop all the progress it had made last Friday ( Read more... )

economy, politics

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larryhodges September 23 2008, 03:44:24 UTC
Like many, my eyes cloud over when I read too much economic news . . . as you know from my blog, I like playing with the numbers, but I can't really judge the $700 billion bailout plan. I'm waiting to see if this is something Republicans and Democrats will basically agree on other than the details, or if there's going to be a complete philosophical difference on this. I just don't want to spend the next decade reliving the Depression. But $700 billion to solve the economic problem, while it only takes $7 billion for Obama's health plan? And there are objections? Am I missing something?
-Larry Hodges

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