Obama needs to be very careful here. After Japan’s real estate/stock market collapse they tried serial “stimulus” packages, bailouts, etc. The results weren’t pretty. True, there are differences between the U.S. and Japan, but some of them aren’t in our favor.
That trend line looks rather tentative. Is there any reason not to believe that hte fact that 100,000 more jobs were lost last month than this month not at all relevant in suggesting that it’s possible that we’ve seen the worst?
November 7th, 2008 at 2:11 pm
Obama needs to be very careful here. After Japan’s real estate/stock market collapse they tried serial “stimulus” packages, bailouts, etc. The results weren’t pretty. True, there are differences between the U.S. and Japan, but some of them aren’t in our favor.
November 7th, 2008 at 4:36 pm
That trend line looks rather tentative. Is there any reason not to believe that hte fact that 100,000 more jobs were lost last month than this month not at all relevant in suggesting that it’s possible that we’ve seen the worst?
November 7th, 2008 at 6:05 pm
Time to deficit spend like there’s no tomorrow so, ironically, there will be a tomorrow.
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