Will the Obama administration’s plan for unfreezing the credit markets make businesses more likely to start borrowing again?

The success of the Obama administration’s plan to clean the balance sheets of banks of toxic assets is not a foregone conclusion.

Some economists and politicians contend the plan only transfers risk to the taxpayers while rewarding banks and other investors. Others say they are not convinced it will be able to clean up the balance sheets of hobbled institutions enough to get those companies to start making loans again.

Underlying this plan is the assumption that businesses and individuals have been clamoring for loans but have been unable to get them because of the credit crunch.

Do you believe that the plan will have an effect on the appetite of business and consumers to take on more debt, given the current state of the economy?

Information about the federal government’s financial stabilization efforts is available at www.Recovery.gov.