Bailout: What's next

Even though the rescue plan has passed, some experts don't see the economy improving until the second half of 2009.

Wall Street’s reaction to the bailout bill was tearing as soon as the House passed it a market rally faded. “Almost like celebrated with the innumerous family gets there you really you know it’s hard to sell the innumerous that’s fantastic and that’s really ….or so ”

And the patient has a host to vomits. For one, closing credit markets causing banks to tie landed on a mediate problem. The hope of the bailout package should solve that freezing market. But economists say borrow walls won’t feel right away.

Some could be starting to see money as soon as next week but that’s gonna be larger companies first, it’s gonna be taking longer to get to those really main streets of ours.

Economist Diane Swonk says borrowing for things like columns and mortgages may not resume to normal levels untill the end of the year or early next year if we were lucky. She says the first challenges to undo damage down just in the past two weeks for the bailout was delayed.

US economy was clearly already slipping, and deteriorating before we had this credit market crisis just added insult to injury.

Some pounding problem, September saw the biggest drop in jobs in five years. 159,000 and economists only expected those numbers to get worse before getting better.

It’s the real perfect storm on the economy, in the sense that you have a credit crunch, then you have a US business cycle recession, and then you have a global recession.

So how long it will be before things start to turn around. Some economists we spoke to would say they don’t expect to see the economy improving until the second half of 2009.

For CNN money.com, I’m Mary Snow.