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Unread 7 Aug 2009, 13:42   #47
JonnyBGood
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Re: Is Bigger Government Better

Quote:
Originally Posted by Tactitus View Post
6.5 million Americans have lost their jobs since last September (and more to follow). These are people who did not and will not get a bailout. Paying additional money for "bailout insurance" might be a reasonable option as long as you believe your employer will be bailed out when needed; but as more and more people don't get bailed out then it doesn't look nearly so attractive.
Yeah, I said "sooner or later". As in "by giving these assholes big truckloads of cash the economy will become less volatile and you're less likely to get laid off". Not "this money is going to be used to bail out Mom and Pop's Home Depot Store in Bum****, Arkansas". People just want to believe that there are actions that can be taken that can prevent the current recession turning into a decade long 40% unemployment catastrophe. It's not like by not bailing out anything a bunch of bankers and brokers or whatever are actually going to end up destitute and everyone else can be like "serves them right" and just get on with their lives. It's not even like by doing this we'd teach society or the financial sector or some other vague entity the 'errors of their ways'. No, the whole country will just end up looking something like this instead.
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