33550336One more bailout bro
NatakuNoxMy favorite thing about dumb as free market / neoliberal dumb asses don’t understand is that nations that actually invest in their population will win in the long term. Taking the money and running, while pulling up the ladder behind you will always have this result. We were doomed the moment the tax rate dropped below 90% for the top 10% of income.
FrezikTruth. Back in the 2008/2009 bailout discussions, I thought the best thing we could have done was a program that covered living expenses and cost to go to a technical college. By 2010, you’ve got a new batch of American workers with modernized skills.
Which still sounds like a pretty good idea.
Whenever a company is bailed out it should be handed over to the government/the people. We bail out these companies for them to turn around and do the same dumb stuff that tanked our economy. The top three American banks should be owned by us because they’ve screwed up everything. GM and Ford should be owned by the people because their vehicles suck and they give us a bad rap. We bail them out just for them to continue making below average cars?! Boeing as well.
Just as a matter of accuracy, the US government didn’t have to bail out Ford in 2008/09, at least not directly. They bailed out GM and Chrysler. Ford was an indirect beneficiary, though. If one of the other two collapsed, the supply chain hit would have dragged down Ford, too.
Mind you, Chrysler has been stumbling from one government bailout to the next for my entire life, and I ain’t that young anymore.
Oh ya I’m guessing the Ford family had enough money to not have to suck the blood from tax payers. But they get enough subsidies in counting it.
Ford wanted his employees to be able to buy the cars they make. Also, the US gov made money off of GM. Tesla is the one that has always been a leech propped up by taxpayers.