2 ms·
People are probably going to take the bailouts and not think at all that their "free-market" and unbridled capitalism approach is wrong. We know this because it
by specialp 7y ago
People are probably going to take the bailouts and not think at all that their "free-market" and unbridled capitalism approach is wrong. We know this because it happened in 2008. In reality it isn't unbridled capitalism because if it was it would result in massive bankruptcy and people hurting bad as they did in the depression. But since neither 2008 and today has been show to deliver the hurt that 1929 did yet, I don't think we will see the appetite for massive social programs that FDR enjoyed. Those people saw what it was like to be penniless and nearly starving.