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Over the last 3 weeks our so America has been headed toward a quote on quote recession. An urgent signal the country may be careening toward a deep and painful recession just as Americans prepare to elect a new president. On Wall Street, the Dow Jones industrials slid 157.47 points after relief over the bailout plan's passage gave way to worries about the economy. Congress recently accepted a proposal by President Bush’s sectary of the treasury plan of 700 billion Dollar bailout. Many Americans felt that the bail out would only address and protect the fat cats down on wall street. After a few minor adjustments the bill was passed by the president but some say that the bill was to late which is apparently evident in the stoke market. Experts say it will likely take more than a month for the 700 billion to be an factor. Last Friday Oct 3, 2008 The Labor Department's reported that the nation's unemployment rate was 6.1 percent, up sharply from 4.7 percent a year ago. Over the last......

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Approximate Word Count: 668
Approximate Pages: 3 (250 words per double-spaced page)

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