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Reply #31: They're propping up the wrong end of the economy [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

Oak2004

(1000+ posts) Send PM | Profile | Ignore

Wed Nov-12-08 06:38 PM
Response to Original message

31. They're propping up the wrong end of the economy

Trying to avoid collapse by propping up the credit industry, especially the consumer credit industry, is nuts.

The crisis will be resolved the day the people at the bottom earn enough so that they can afford to pay their bills -- and not a day sooner.

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