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Originally Posted by Riot
Some of the companies eligible for bailout money have now said they don't need it; and several have said they will have it paid back quickly.
Trillion dollar deficit for years - our deficit doubled during the last eight years. Doubled.
Nobody knows for sure if the additional money will help or not. We just have to see. Yeah, that sucks.
This recession involves the banking failures. That is what makes it different than previous recessions, and the potential affect on the country, and world, much different.
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thing is, what's happened already can't be changed. doesn't mean we have to continue down the same path that's gotten us where we are now. eight percent across the board budget increases (for example)won't get us out of this morass. stockpiling untold funds into a 'trust fund' for future health care isn't a priority right now either-at least it shouldn't be.