So it looks as if an S&L bailout-style program is a go. The Brady/Ludwig/Volcker piece in the WSJ called also for a Depression-style program for the little guy and gal in addition to billions of dollars of relief for the George Parrs of the world, but how surprising is it to see that bit fall by the wayside?
Not surprising at all when you have a bunch of supply-siders running things. The big boys eff up, and we supply them with more money to bail 'em out. That seems how supply-side economics works in practice.
I agree with this sentiment - what about the "real" economy?
9/19/08
Subscribe to:
Post Comments (Atom)
1 comment:
Hmmm, this might be a problem that can't be solved with just another six hundo.
Post a Comment