How Are You Feeling About The Economy Today?
If you thought the passing of the $800 Billion Dollar Bailout bill was going to make things better in our economy by today, you would have been wrong. It’s obviously going to take time. The question is…How much time? Let me know what you think about the potpourri of economic news today?
Reuters - DOW Touches 5-Year Low…
Associated Press - Barack Obama said Monday that John McCain is trying to shift attention from the troubled economy because the issue is bad for the Republican presidential nominee’s campaign.
LA Times - On the day that the Dow Jones industrial average fell below 10,000 for the first time in four years, President Bush said this afternoon that “in the long run, this economy is going to be just fine.”
Barack Obama gives a press conference on the economy in Asheville, North Carolina on October 6, 2008.
Words of wisdom by Bush on the declining economy…
Let me get this straight. We needed to rush a $800 Billion Dollar Bailout Bill into law to save the economy. But, now we can not expect this bailout to help any time soon. Bush wants to take it slow, not rush into it, and make sure it is done right. This whole bailout crisis, is so reminiscent to the WMD Iraq crisis, it’s almost scary. And, this is how he is solving the problem from Washington, even though he is speaking from Texas. Is anyone else shaking their heads in bewilderment?
What do you think about the economy? Who do you think can do a better job of fixing it? Obama? McCain?
