Stock markets across the world Monday suffered the worst losses since Sept. 11, 2001. The drop prompted analysts to theorize that investors have major doubts about the ability of the proposed stimulus package to mend the American economy.
What to do about the slumping U.S. economy? President Bush may disagree with congressional Democrats on dozens of issues, but he seems to agree with their call for some kind of temporary stimulus measure to be implemented as soon as possible. Bush’s potential bailout plan will likely focus on income tax rebates to inspire Americans to go out and spend for their country.