Why has the US bailout failed?
September 29, 2008 by iainchalmers · 1 Comment
Was the US bailout package the right thing to do? Probably. Should the bill have been passed by the House of Representatives? Probably. So why didn’t it? Everyone agreed it was critical to the future of the American economy.
Poor presentation of key messages resulted in 100-1 American citizens against the bill. From the name of the package to the average Joe’s understanding of what was actually on the table, it was flawed before it even got to ‘the House’.
