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Economic Problems Bring New Calls for Government Action

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As Americans await the arrival of a new administration in Washington, investors are worrying whether the financial system is again in the danger zone. With the stock market plunging and the credit market entering a new freeze, cries are being heard for a new government intervention to prop up major financial institutions before President-elect Barack Obama takes office. (New York Times [1], Friday)

Don't just stand there, undo something!

FEE Timely Classic
Japan, Germany, and the End of the Third Way [2] (pdf) by Norman Barry


Article printed from Foundation for Economic Education: http://www.fee.org

URL to article: http://www.fee.org/articles/in-brief/economic-problems-bring-new-calls-for-government-action/

URLs in this post:

[1] New York Times: http://www.nytimes.com/2008/11/21/business/economy/21norris.html?_r=1amp;hp

[2] Japan, Germany, and the End of the Third Way: http://www.fee.org/pdf/the-freeman/0605Barry.pdf

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