Sunday, October 19, 2008

Analysts Examine Possible Consequences of Economic Rescue Package

In the Sunday news edition of the Washington Post, an article outlines possible implications of the economic rescue plan designed and executed by Congress and the current Administration. Although most economists and policy makers agree that interest rates must come down in order to restore stability to the housing market, the authors of this article point out that recent data shows that interest rates are actually rising under the current economic relief package. While the housing market has the potential to improve in time, the authors also provide a list of possible alternatives to the economic rescue package that might help restore the U.S. economy.

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