Thursday, October 9, 2008

Dow Under 9,000

I imagine that if the dominant story of the day weren't related to economics, I'd be weighing in more often here, but instead I've mostly been trying to keep up with what's going on.  Looks like we're going to nationalize banks soon?  Fine with me--but as Matthew Yglesias has been pointing out over the past few weeks, in a situation that resembles the Great Depression, shouldn't we be priming the pump?

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