Economic rescue could cost $8.5 trillion
With its decision last week to pump an additional $1 trillion into the financial crisis, the government eliminated any doubt that the nation is on a wartime footing in the battle to shore up the economy. The strategy now -- and in the coming Obama administration -- is essentially the win-at-any-cost approach previously adopted only to wage a major war.
And that means no hesitation in pledging to spend previously almost unimaginable sums of money ...
Full Story »
Retrieving Comments
