Halfway Through a Hail Mary

“The Wall Street Journal, Wednesday, June 30, 2010: OPINION

Halfway Through a Hail Mary:

This headline leads an article by Holman W. Jenkins, Jr. about the debt crisis, primarily in the U.S., but with allusions to Europe.  … “The U.S. committed a pretty good bail-out–but not perfect.”

A hail-mary in a American football game is a desperation pass by a quarterback/captain of the team to score a goal in the last minutes or seconds of a game. The U.S. government took action to stimulate the economy because of the debt crisis.  However, the ball is still in the air.

A bail-out is also a metaphor/idiom either relating to bailing water out of a boat or bailing one out of prison.

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