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The financial impact is that your fucking tax money goes to bail out business owners / stock holders who then hire you and pay you a shit salary. So they profi
by trident1000 7y ago
The financial impact is that your fucking tax money goes to bail out business owners / stock holders who then hire you and pay you a shit salary. So they profit from you in good times and profit from you in bad times. Hows that for a "free market" system? This is not capitalism/free markets, this is socialism and government intervention and its why we have a huge gap between rich and poor. Normally they would go out of business and other people would have a shot to take over that industry.
The exception is the energy sector for national security reasons. But Im hearing of bailouts for cruise lines... gtfo.