To Bail or Not to Bail...

[Marginal]

Industries unlike banks actually produce something useful to society. There's no point in doing a flat out bail-out without any guarantee of increased production. Furthermore, bail-outs create a moral hazard and promote the continuation of poor business practices.

So does doing nothing.

 

[Jaxel]

So does doing nothing.

Completely disagree... the economy is a living entity, if you leave it by itself, it will correct itself.

Our government's plan to stop this runaway DEFLATION, is to pump money into it, creating runaway INFLATION; which is the same thing they've been doing for 95 years since the Federal Reserve was founded in 1915. The economy suffers from the same laws of Supply and Demand... as supply goes up, demand goes down... so creating runaway inflation only prolongs the problem, and doesn't actually fix anything. It just restarts the cycle; there is a reason why our economy crashes every 20 years like clockwork (last crash was 1987).

Leave the economy to itself... take the government out of the equation, fuck keynesian economics in the ass... and all will correct itself. The Bush Administration was failing with their "Bail out" and now the Obama Administration will fail with the "Stimulus Package"... Eventually people will realise that Libertarians (Old Right Republicans according to Ron Paul) actually do know what they're talking about.

 

[ValentineKnight]

I think it's all we got to work with(like he said do nothing and it'll only get worse)

 

[DC97]

I would want to see where it goes from here, maybe I'll get a few laughs as the entire country falls apart, or maybe be thankful that it saved itself.

 

[MAILBOXARSON99]

Completely disagree... the economy is a living entity, if you leave it by itself, it will correct itself.

Just like it did during the Great Depression.

Personally, I don't have anything against the bailout, but I'm not a big supporter. There don't really seem to be any better plans yet.