Because that worked with the bailouts in September. Right?Dalo12345Christ, how many times do I have to say that the stimulus and the bailouts ARE NOT even close to the same thing?
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Because that worked with the bailouts in September. Right?Dalo12345Christ, how many times do I have to say that the stimulus and the bailouts ARE NOT even close to the same thing?
[QUOTE="Dalo12345"]Obama is saying the exact same thing. He is Bush 2.0 and no Obamaniac wants to admit it.Nope, it's far from the exact same thing. Stimulus =/= bailout. Obama is finally focusing on things that Bush&Co. ignored for so long.Engrish_Major
More debt will not solve a problem of debt, regardless of where it is going.
Also, how is it so much different exactly?
More debt will not solve a problem of debt, regardless of where it is going. Dalo12345One is more effective than the other, in theory. One gives massive amounts of money to corporations to continue to do what caused them to fail in the first place. The other injects money into areas of society that have been ignored by the previous administration, such as science and infrastructure. A healthy science industry, and good infrastructure and transportation options CAN in fact create more cash flow in the private sector. Again, they are not equal, like you are saying.
[QUOTE="Engrish_Major"][QUOTE="Dalo12345"]Obama is saying the exact same thing. He is Bush 2.0 and no Obamaniac wants to admit it.Nope, it's far from the exact same thing. Stimulus =/= bailout. Obama is finally focusing on things that Bush&Co. ignored for so long.Dalo12345
More debt will not solve a problem of debt, regardless of where it is going.
Also, how is it so much different exactly?
The bailouts are loans that will be paid back. :)
[QUOTE="Dalo12345"][QUOTE="Engrish_Major"] Nope, it's far from the exact same thing. Stimulus =/= bailout. Obama is finally focusing on things that Bush&Co. ignored for so long.LosDaddie
More debt will not solve a problem of debt, regardless of where it is going.
Also, how is it so much different exactly?
The bailouts are loans that will be paid back. :)
By who?
The bailouts are loans that will be paid back. :)LosDaddieAssuming that the companies completely turn around, and are able to afford it... so I'm guessing that they will not, in fact, be paid back.
[QUOTE="LosDaddie"][QUOTE="Dalo12345"]More debt will not solve a problem of debt, regardless of where it is going.
Also, how is it so much different exactly?
Dalo12345
The bailouts are loans that will be paid back. :)
By who?
By the companies taking the bailout/loan.
That should've been clear.
[QUOTE="LosDaddie"]The bailouts are loans that will be paid back. :)Engrish_MajorAssuming that the companies completely turn around, and are able to afford it... so I'm guessing that they will not, in fact, be paid back.
It's a gamble, for sure.
That's the problem with economics; There just isn't a way to perform experiments on economic theories. Only science I know of with that problem.
[QUOTE="Dalo12345"][QUOTE="LosDaddie"]The bailouts are loans that will be paid back. :)
LosDaddie
By who?
By the companies taking the bailout/loan.
That should've been clear.
By giving these companies tax dollars, it is a stamp of approval for their failed business policies. Let something better rise from the ashes.
[QUOTE="LosDaddie"][QUOTE="Dalo12345"]By who?
Dalo12345
By the companies taking the bailout/loan.
That should've been clear.
By giving these companies tax dollars, it is a stamp of approval for their failed business policies. Let something better rise from the ashes.
I notice you have moved on from the "Bailout vs Stimulus" debate :)
But to answer your post, I'd say that (in theory) these loans/bailouts could turn out to be a very wise business venture for the govt if these companies payback them with interest.
And no, this is not the govt applauding failed business decision. But rather recognizing the dire need for liquidity in the credit markets.
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