Joel Kotkin Bio | Politico.com

Joel Kotkin Bio | Politico.com: "Joel Kotkin's Recent Discussions
Considering the mysterious fate of a mere $350 billion in bailout money, why should Congress approve still more?

The bailout needs to be much more closely monitored. The fact that the last bailout essentially underwrote large bonuses on Wall Street should be investigated thoroughly. This would send a powerful signal to both the financial institutions and to the public.

Control of the funds needs to be focused not on saving companies, but spurring both short and long-term economic growth. Improving the balance sheets of both families and a broad range of companies should be the primary concern. Until Americans as families and in business feel they can afford to spend and invest, they won't. And probably shouldn't"


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