Friday, November 28, 2008

Can the Government Keep Spending? Most Economists Say Yes

Not my opinion, but the talking heads say....
RISMEDIA, Nov. 28, 2008-(MCT)-Since the U.S. economy went into freefall in September, the federal government has announced hundreds of billions of dollars in bailouts and economic stimulus packages in attempts to shore up banks and reignite the economy.
The latest astronomical figure is an $800 billion, in a package announced Tuesday by the Federal Reserve and the Treasury Department. Many are wondering, however, how long this spending can go on.
Here are a few answers: http://rismedia.com/wp/2008-11-27/can-the-government-keep-spending-most-economists-say-yes/

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