No it doesn’t seem likely that the government would do that. The government collected more than $5 trillion last year in taxes. If the government wants to get more money they are incentivized to make the whole us economy more efficient, not prop up failing investments that would lead to the detriment of the rest of its revenue sources.
They propped up gm and chrystler because the auto industry collapsing would have sent shockwaves through the whole economy. I’m not saying I agree with what they did, but it wasn’t for a return on stocks.
The key thing here is this is funneling PRIVATE Monet into PUBLIC hands, we need more of this!
No it doesn’t seem likely that the government would do that. The government collected more than $5 trillion last year in taxes. If the government wants to get more money they are incentivized to make the whole us economy more efficient, not prop up failing investments that would lead to the detriment of the rest of its revenue sources.
They propped up gm and chrystler because the auto industry collapsing would have sent shockwaves through the whole economy. I’m not saying I agree with what they did, but it wasn’t for a return on stocks.
The key thing here is this is funneling PRIVATE Monet into PUBLIC hands, we need more of this!