The economy will not implode on this, they made a giant mistae by bailing out the things they already did, do not let them go the final step. Do not let them fear you into thinking this is a must pass bill.
They sure do make it sound like it’s ready to implode. but I’d say it depends on exactly how many businesses actually rely on credit. Auto dealers and restaurants are two big ones. Do airlines buy fuel on credit or do they pay cash? We’ve all seen certain sectors get depressed, high tech is notorious for it but this different. Credit may be used by a much a larger number of sectors. if multiple sectors start to fail simultaneously because they can’t get credit for daily operations then things could go from bad to worse pretty quickly.
Either Bush is getting duped (again) by those around him or there is something to his sense of urgency. One thing is for sure Mainstreet seems to think it will be business as usual.