Posted in Current events

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

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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Author of "The Secret of Angat", a novel set in the Philippines during World War II. Founder, MuniWireless.com; Founder (Mapplr.com - travel) and Shopplr.com (beauty, style).

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