Let the Fed stew over the economic crisis all it wants. Our readers,or at least the bulk of the 214 of you who responded to last week's QuickPoll, chose to rely on the resilience of Private Enterprise. So say 51%. Anargument can be made for Economic Relief coming through the combined goodworks of the private and public sector, and 39% chose this as their GreatDebt Hope. A small, timid 10% believe the Fed alone can do it. DouglasHerzbrun is global head of research for CB Richard Ellis Investors in LosAngeles, and in this first of a two-part Poll on the state of the economy,he provides his take on the best way out: Here's why:
"I'd clearly fall into the camp of No. 3--that we can¹t have one without theother. We need both stimulus provided by the federal government and theprivate sector stepping up to the plate to get the economy back on track.
"Companies have to have the confidence that both the global and US economiesare going to get back on track and start to spend resources to expand theiractivities. The problem we¹ve seen recently is that they haven¹t beenexpanding their activities.
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