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Strategies & Market Trends : Waiting for the big Kahuna
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To: ayn rand who wrote (91018)10/30/2009 2:53:10 PM
From: fred woodall  Read Replies (1) of 94695
 
What if that money had to be paid now by the taxpayer instead of later? Wonder if that would change the mood any!!!

Unless the economy miraculously starts growing at a rapid
pace it seems likely that unemployment will remain near 10% at least through
2010's end, the Economist's Free Exchange blog says. It's hard to imagine the
backlash that may occur, but blog speculates increasing anger at Wall Street as
well as foreign exporters. "The seeds will be sown for an unpleasant populist
uprising, which might well do a lot of damage to American economic policy,"
blog says. "It's not a happy place to be. And I don't really understand why
there isn't more visible concern in Washington (or on Wall Street, for that
matter) about this state of affairs."

economist.com
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