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The auto industry bailout was a loss, but that was smaller than many of the other bailouts, and most of the bailouts were profitable. In net, taxpayers came out
by NickM 7y ago
The auto industry bailout was a loss, but that was smaller than many of the other bailouts, and most of the bailouts were profitable. In net, taxpayers came out substantially ahead in the end.
Not that making a direct profit was even the goal of the bailouts, but it sure is nice that we made money off of them on top of saving the economy.
https://money.usnews.com/investing/articles/2017-01-19/financial-crisis-bailouts-have-earned-taxpayers-billions https://money.usnews.com/investing/articles/2017-01-19/finan...