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The government should have allowed the weakest auto company to fail. Instead it pumped in many times its total worth to prop it up. How does that make sense?
by stretchwithme 17y ago
The government should have allowed the weakest auto company to fail. Instead it pumped in many times its total worth to prop it up.
How does that make sense? Coercing the rest of us to take on debt so they can continue an enterprise that doesn't make economic sense?
You're absolutely right when you say there's no difference between subsidizing banks and auto companies. Both actions were wrong.