What $700B won't buy: a quick fix for the economy

 
By Michael Liedtke
Published: September 27, 2008

SAN FRANCISCO (AP) _ Not even $700 billion will be enough to spare the United States from more economic anguish if the government's proposed banking bailout pans out like similar desperation moves during the past two decades.

It usually takes years to recover from a financial crisis severe enough for politicians to ride to the rescue with truckloads of taxpayer money.

Take, for example, the U.S. government's...


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