bailouts are a scam on the american people
companies must be allowed to fail
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1AE48vXR3aXUzEtmhRDVomrymGvETqF1NS VerifiedBailouts keep the economy running and secures jobs.
Zoom out. That is such short term thinking.
Bailouts keep inefficient and/or incompetent companies from going bankrupt. Delays and exacerbates the problem. It prevents the resources within company from being recycled into economy for higher/better use.
I disagree, what creates anomalies is the wrong use of credit. When a credit bubble bursts, companies that were not engaged in bad practices are dragged down. @3 the 1929 > 1933 period is your historical example of what not bailing out leads to.
Of course they are dragged down, as that’s the ebb and flow of a market. Majority of strong worthwhile companies will endure.
that's a balanced system. it must be self-regulating & balancing. No govt interference. That's what breaks the system. Stop touching our shit. "We The People" are the bosses. Your elected officials are telling you what to do. You're the Boss! Act like it.