Tuesday, September 23, 2008


Paul Krugman, in his New York Times column yesterday titled "Cash for Trash," boiled the Bush Bailout down to two words: Trust Me.
"Basically, after having spent a year and a half telling everyone that things were under control, the Bush administration says that the sky is falling, and that to save the world we have to do exactly what it says now now now. But I'd urge Congress to pause for a minute, take a deep breath, and try to seriously rework the structure of the plan, making it a plan that addresses the real problem. Don't let yourself be railroaded -- if this plan goes through in anything like its current form, we'll all be very sorry in the not-too-distant future." http://www.iht.com/articles/2008/09/22/opinion/edkrugman.php

No comments: