Saturday, October 25, 2008

Crises on Many Fronts

The closer you look at the current economic crisis, the more harrowing it becomes.

The focus in the presidential campaign has been almost entirely on the struggles faced by the middle class — on families worried about their jobs, their mortgages, their retirement accounts and how to pay for college for their kids.

Each nauseating plunge in the Dow heightens their anxiety. Each company that goes under and each government report showing joblessness on the rise intensifies their fear.

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