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Stimulus plan-didn't work, Fannie/Freddie bailout-didn't work..

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edhopper Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 09:05 AM
Original message
Stimulus plan-didn't work, Fannie/Freddie bailout-didn't work..
Bear Stearns bailout-didn't work, AIG buyout-didn't work.
Why are the Dems going along with this crap?
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Kurt_and_Hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 09:10 AM
Response to Original message
1. You have to define "didn't work"
If work means solve all problems, that's true.

If work means ameliorate subsequent developments then it is open to debate. You would have to know the state of the economy without any of those steps for comparison.
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edhopper Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 09:31 AM
Response to Reply #1
2. The stimulus plan
was to stop the economy from falling into recession-didn't work.
The bailouts were to stop a credit crash and the world financial market from seizing up-didn't work.
If they had the $700 bil would not be necessary.
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