Yes, I know more will be unemployed but it will only be temporary. We are already in a recession (recessions are cyclical) and we will come out of it because more economically responsible policies will be imposed. The bigger picture here is the stability of the dollar and if the gov. shells out a MINIMUM of 700 bill. inflation will go up, we will be taxed harder, the average person will have less buying power with the same amount of money they are given.
The bailout is simply a bandaid on a headwound that is the out of hand credit-lending corporations. Our country will suffer either way but in the long term a bailout is a bad idea, not to mention socialist and anti-constitional. We will learn from and fix these problems in the future and it will lead to greater, more responsible business.
Without a bail out how do you think the US will keep it's head up in the world economy?
I allways thought that Americans were so American. They however only think about their own house and job, that they will loose as no employer will get busines financed anymore.
Yes, I know more will be unemployed but it will only be temporary. We are already in a recession (recessions are cyclical) and we will come out of it because more economically responsible policies will be imposed. The bigger picture here is the stability of the dollar and if the gov. shells out a MINIMUM of 700 bill. inflation will go up, we will be taxed harder, the average person will have less buying power with the same amount of money they are given.
metalhed187 3 years ago
I truly hope you will have time enough to build up the future.
Point is that so many people do not realize that most companies need investment loans to keep their head of. The will def. the coming year or 2 years.
This will result in far more unemployed.
Scoot2612 3 years ago
The bailout is simply a bandaid on a headwound that is the out of hand credit-lending corporations. Our country will suffer either way but in the long term a bailout is a bad idea, not to mention socialist and anti-constitional. We will learn from and fix these problems in the future and it will lead to greater, more responsible business.
metalhed187 3 years ago
The republicans killed the plan,
Without a bail out how do you think the US will keep it's head up in the world economy?
I allways thought that Americans were so American. They however only think about their own house and job, that they will loose as no employer will get busines financed anymore.
Scoot2612 3 years ago