About That $700 Billion
In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy. “It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number [bold mine-DL].” ~Forbes I suppose we should be grateful […]
In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy.
“It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number [bold mine-DL].” ~Forbes
I suppose we should be grateful that there are people in government who think multiple hundreds of billions still count as a large number.
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