Economist: Bailout Makes Little Economic Sense
One opponent to the $700 billion financial rescue plan is Allan Meltzer, a former Fed economist and a professor at Carnegie Mellon university in Pittsburgh, Pa.
Meltzer tells Steve Inskeep he's against the proposal because he thinks if Wall Street created the problem, then Wall Street should solve it.
Related NPR Stories
Bush Predicts Congress Will Pass Rescue Sept. 26, 2008
What Caused Bailout Talks To Break Down? Sept. 26, 2008
Bailout Talks Forced To Go On Another Day Sept. 26, 2008
Bailout Talks Stall As House Republicans Reject Deal Sept. 26, 2008
White House Talks End Without Bailout Deal Sept. 25, 2008
Comments
 
You must be signed in to leave a comment. Sign In / Register
Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

