Tag: economic

  • Rhetorical question about the auto industry bailout

    16 Dec 2008 » 1 min read

    All indicators are that people have stopped spending money, particularly on big ticket items.  Today, the Fed is expected to cut a key interest rate to 0.5%, hoping that it will get people spending again, but from what I understand, experts are saying it’s unlikely to change any spending habits soon.  Best Buy just announced major…