Monday, October 20, 2008


Schumer statement in my inbox:

“Chairman Bernanke is saying what anyone who looks at the economy knows is obvious: we need to help not only Wall Street, but also Main Street. A second stimulus, particularly one that creates and preserves jobs by focusing on infrastructure and help for the states, is very much needed.”

This is correct. More than that, I bet that within 6 months or so help for the states isn't just going to be desirable, but absolutely necessary.