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Greatest Economic Fear May Be Fear Itself
Need to see the gloom and doom dropped
In order to get the economic stimulus and bank-debt bailout plans passed at all, let alone with any swiftness, I can understand there was a need to crank up the level of urgency, the level of fear of what would happen if something isn’t done.
So every press release, speech, or interview by both sides during the long election campaign, and in the three months since the election, has focused on how bleak the economic situation is, how it will deteriorate further for quite some time even if the bailout plans are implemented, and…
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