The next administration’s economic team had better be ready to hit the ground
running, because from day one it will find itself dealing with the worst
financial and economic crisis since the Great Depression. - Paul Krugman in today's New York Times.
I've heard a few people in the know say that no matter what happens with the "bailout" bill, the American economy is going to get a lot worse in the next few months. It looks like it might be a bleak holiday season. If Americans elect McCain-Palin, it will be even bleaker.
Jim
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