Memo
Published September 25, 2008
Updated September 25, 2008
Reframing the “Bailout”
By:
Matt Bennett, Anne Kim, Jim Kessler
SUMMARY
This memo offers our advice on what progressives must do to reframe the debate, take proper credit for their overhaul of the Bush proposal, and address public outrage.
Congress has little choice but to act on a rescue package for the nation’s financial industry. But Americans are angry and confused. Progressives must be clear what this week’s fight was about and where we ended up. President Bush proposed a $700 billion handout to Wall Street; progressives said no and instead crafted a loan that will keep the economy moving and be repaid to taxpayers.
To read this Memo, open the attached PDF
Anne Kim
