Macroeconomics au flambé.
Sep. 26th, 2008 03:08 pmReading commentary on financial articles on MSNBC.com, there's a lot of stupid and selfish floating around regarding this bailout plan. A lot of people think that people who are in foreclosure or going bankrupt obviously did something to deserve it and should get no help. Same for banks. After all, I'M not in foreclosure, so why should I help YOU? People aren't looking at the big picture--that bank collapses hurt the national economy, and that every foreclosed house on your block is a huge bite out of your personal home equity and the local economy.
If we substituted "foreclosure" and "bankrupcy" with "on fire," I think people would understand things a bit better.
( Extended metaphor of doom. )
If we substituted "foreclosure" and "bankrupcy" with "on fire," I think people would understand things a bit better.
( Extended metaphor of doom. )