Home › Forums › Housing › Bush administration sees 4000-point drop in DOW this week if no bailout › I think you made a pretty
I think you made a pretty compelling argument.
I would like to see a better argument both for and against the bailout package.
Specifically, I am sure that leading policy-makers have a counter suggestion or see a flaw to your version but to date I have not seen one.
I really think transparency and open source of policy is important here and I am not seeing any of it.
For example if the issue of banks failing will have catastrophic effects, what exactly to the policy makers see those effects as being?
What will the dramatic increase in debt ceiling mean as far as service to the debt or as far as credit rating?
What does this do to our national cash flow? Will we have to raise taxes dramatically?
I would like to see a model of projected outcomes. Maybe something like those weird hurricane projections the news has before storms.
Sort of “If we do nothing, here are the likely or possible results.”
Again, I find the big guys’ consensus compelling and interesting but I really feel that the communication to the public has been poor and unhelpful.
Good post dude.
