This is a very interesting topic. No matter what decision is made there will be a catch 22.
- If the prime rate is lowered, this will possibly result in market inflation.
- If the congress go forward with the plan of issuing 145B to americans who meet the requirements, it would give the economy a quick boost but who knows what might happen afterwards
-If nothing is done, companies will continue layoffs, americans will further dig themeselves deeper into debt,( resulting in less consumer spending at firms) and foreclosures will continue to rise.
What do you do? Congress have their hands full.
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