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The fact that "stimulus" has entered your standard issue citizen's lexicon as something that the government gives to a failing industry to keep it from failing
by blhack 17y ago
The fact that "stimulus" has entered your standard issue citizen's lexicon as something that the government gives to a failing industry to keep it from failing is one of the most horrifying things to come out of the 2008 election cycle.
WHY is this looked at as okay? I get that the headline was a joke...but why is it even funny?
I'm sorry, I know this is off-topic (and more appropriate for a political forum like reddit), but I'm 22 years old. Fuck you, to the government that is taking away money that I haven't even had the chance to EARN yet so that companies that I have no interest in can continue existing. How did we get to a point where this is looked at as acceptable? Won't somebody please actually think of the children? You, government, the very people who are supposed to be looking out for me, are robbing from me in broad daylight, then having the audacity to tell me that it is for my own good?!
What the hell is happening?!!?
- RyanMcGreal 17y agoWhen a large finance company goes down, an awful lot of innocent people are dragged down with it. When enough large finance companies go down at the same time, the entire economy goes down with them, leading to massive suffering. The bailout sucked. Not doing the bailout would have sucked far more.
- blhack 17y agoI agree with you, which is why I was 100% behind the troubled asset relief package. That was to help out the banks, which needed to remain liquid. I was extremely extremely vocally for TARP... This is something else entirely.