On Sat, Jun 5, 2010 at 8:30 AM, Jerry Barnes <[email protected]> wrote:
> > That's a hard question. I'll just say that without government interference, > this recession would probably resemble the recession of 1920-21 more than > the great depression. What's worse is that most of the so-called stimulus money has been spent on government jobs and benefits so far, none of which really helps private sector employment. No wonder the unemployment rate isn't falling: http://online.wsj.com/article/SB10001424052748704804204575069772167897834.html I think we would be in a huge mess without TARP, which prevented a major collapse of the banking system ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:320374 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
