At a Manassas dry cleaner, Fauquier County resident Dana Conners, 51, said she feels conflicted about the bailout plan. On the one hand, she is outraged by the idea of a taxpayer rescue for financial executives. Then again, she is worried.
“We have to bail them out,” said Conners, an insurance agent. “I don’t want to work until I’m 85.”
[ For Many Americans, Fear and Distrust Run High, in the Washington Post ]
And this is why I have decided, tentatively, after knowing nothing of economics and only briefly scanning a PDF of the bailout, that it’s a good thing. Yes, it stings that we have to pay for wealthy instutitions’ mistakes, but it’s better than everybody losing their life savings.
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