Thursday, November 6, 2008
I think that in the short run in our economy i just think that it is going to get worse. The economy with the large businesses and small bussinesses are all doing bad and alot are going bankrupt. The government is bailing out the businesses in the short run which they probably should do. I think that the economy is not get any better I just feel that it is only going to get worse which I hope it wont.
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What impact will such government ownership and bailout of large banks have on our Free Enterprise System? Please consider both short and long-term impacts on our economy when responding.
In short term impacts it is not going to be bad, we are just delaying what is to come. In the long term it is going to catch up and haunt us for this. In the free enterprise it is not going to be good because by bailing them out is going to make it worse on our free enterprise.
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