As Congress wrestles with what to do to save it’s rescue plan for the economy, more and more people are agreeing with me that the plan (even as apparently flawed as it seems) was more a victim of poor communication than one of poor execution. Much like I said earlier this week, in my Financial Crisis post bad communication doomed the plan.
ABCNews has now joined the chorus in stating the growing sentiment that the perception of Paulson as a Wall Street Insider (he’s the former head of Goldman Sachs) means people think he wasn’t thinking of main street in constructing his plan. This perception gave way to constituents calling or emailing their congressman or woman and expressing their opinions and urging them to VOTE NO!
What are your thoughts on how the communication of the bailout/rescue plan took place? Let me know.
Until next time, Tim
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