By Douglas Holtz-Eakin
The young drop coverage to avoid higher premiums
Independent voices from the TWT Communities
Egyptian President Hosni Mubarak announced late Thursday that he had relinquished authority to his vice president but refused to step down, enraging thousands of protesters who had thought he would resign — and even had begun celebrating his departure in the hours before his speech.
Mahmoud Magdi, a 23-year-old recent college graduate without a job, said he was furious that the president refused to resign and that he allowed masses of people to sing, dance and party for hours in the belief that their voices had been heard.
"He gave us hope that he was going to leave," he said. "He wants to start a civil war."