Fed Slash Interest Rates .75%, biggest cut since 1984. US economy on verge of collapsing?

The US economy seems to be on the verge of collapse. The fed called an emergency meeting to slash interest rates for the 4th time since September. This rate cut was the biggest since 1984 and was .75%. Bush is calling for a 150 billion dollar stimuli package which would include 800 to single people and 1600 to couple but only if you pay taxes!! The working poor who don’t make enough would not get anything under the Bush plan. Go figure on that one. The Democrats are fighting to include them along with an increase in food stamp allowance witch Bush is also fighting as the present time. Bush would also like to give business’s a tax break for creating jobs. I wonder if he means a repeat of the first Bush tax cuts where business were given cuts to outsource US jobs????

Will the US economy completely collapse is yet to be seen but things continue to worsen. The DOW is tanking again and this is the worst start to a year in the DOW’s history!!! Down nearly 10% already!! Hang on tight folks as we ride the waves of a Bush economy~