Word: bailouts
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...crisis, rising unemployment rates, high food and gas prices, and a stock-market meltdown. Nine in 10 consumers believe the economy is in a recession, according to the most recent report of the University of Michigan Survey of Consumers. The barrage of bad news surrounding the $700 billion congressional bailout appears to have had a significant effect on shoppers' outlooks. At the end of September, 79% of consumers said they were expecting bad economic times in the year ahead, up from 57% in early September. "It's hard to pick up the paper and not be transported back...
After last week's political theater in Washington over the $700 billion bailout bill, the stock market's continuing woes have left many people shaking their heads. Isn't that huge sack of money Treasury Secretary Hank Paulson sought supposed to be solving the problem...
Five students interviewed by The Crimson called for a broad-based change to economic policy, and criticized the bailout for not addressing the systemic issues that have caused the financial crisis...
Keith B. Doelling ’11 said that “the $700 billion bailout is a giant band-aid on a huge gash...
...Ideally, we should bailout the people who were affected,” he added. “This problem has to do with the government’s policies, especially those of the past eight years, but really since the advent of Reaganomics...