Paul Krugman: revised bailout plan filled with corporate freebies, won't work

Posted: 2 October 2008 in Current events
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Krugman: bailout package filled with corporate freebies, won’t work

You can never trust the legislators. They just couldn’t resist adding in corporate tax breaks and freebies. The original plan proposed by Paulson which was bad, was made somewhat better by the Democrats, now it’s made worse so as to get it passed by the Republicans. It’s a worse bill than the one that was rejected last week, according to Krugman.

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Comments
  1. patrick says:

    I pray this bail out works, as a small business we are counting on it!

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