It’s not a ‘bailout’, it’s a ‘rescue’
- October 2, 2008
- News, Politics
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You know the problem with that whole $700,000,000,000 bailout plan floated by Washington? It just wasn’t branded right.
At least according to some PR people:
“‘Bailout’ connotes failure, and Americans hate failure,” Mr. Benett said. “There is nothing redemptive about a bailout. What if this had been called a ‘rescue’ from the beginning? Or the ‘Save Our Homes Act’? Supporting a ‘rescue’ is a bear of an entirely different species. It is not only a redemptive act, restoring things to their rightful order — it is heroic.”
See, putting the U.S. economy $700,000,000,000 more in debt and preventing the market from adjusting itself is heroic!
Oh, OK. That makes it all better.
