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This isn’t opportunity costs, the government had to sell bonds to do all that because wasn’t sitting on cash. I’m just saying that I don’t think “it was a prof
by digitalPhonix 2y ago
This isn’t opportunity costs, the government had to sell bonds to do all that because wasn’t sitting on cash.
I’m just saying that I don’t think “it was a profitable program” is true.
Factoring the overall benefits to the economy is obviously the right way to judge it and is (mostly) unrelated to its direct profitability.
- airstrike 2y agoI hear you but ISTM that "it was a profitable program" is more (partially) accurate than "the government just gave money away to big bad banks that should have gone into healthcare and education instead"