News through the Looking Glass
Overheard on the news:
“President Obama’s top economic advisors say the economy will probably get worse before it improves, even with major government intervention.”
Should have read:
“President Obama’s top economic advisors say the economy will probably get worse before it improves, most likely because of major government intervention.”
Should have, but they’ll never admit it.
Kent McManigal
26 Jan 09 at 12:57 pm
Interesting. Is there an economic proposal out there that you believe will fix the falling dominoes of the worldwide economy at this point?
IMO this is a house of cards built on artificially cheap credit. It was unsustainable and has resulted in this massive correction. Maybe in 10 years we’ll be where we were 6 months ago…
Chris
27 Jan 09 at 12:53 pm