Reports indicate the economic bailout plan is in disarray after the White House meeting. Prior to the meeting there were accounts of a potential deal on the horizon. President Bush held the meeting as the result of a phone conversation with Senator John McCain this week. The meeting included Senator Barack Obama and Senator John McCain as well as hill leadership. Bush administration officials are now burning the midnight oil to rework the deal. Economists say the deal needs to happen soon to prevent worsening economic problems. One economist from the Joint Centers for Political and Economic Studies says at the very least there is a jobs recession in America. CNN’s Roland Martin thinks John McCain suspended his campaign because of his low poll numbers on the economy. What say you?
NO DEAL ON THE BAILOUT
September 25, 2008 By 1 Comment