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Didn't we _not_ let industries fail during that time? How about the Big 3 bailouts and the emergency infusions for banks? And these actions decidedly helped sav
by dclowd9901 1y ago
Didn't we _not_ let industries fail during that time? How about the Big 3 bailouts and the emergency infusions for banks? And these actions decidedly helped save our economy.
Whether it's good from a moral perspective or a long term perspective I guess is another matter, but I suspect if the government hadn't stepped in, we'd still be in the throes of the subprime crash even today. This is speaking as someone who is deeply anti-corporate.