bailout

Economy

The bail out is very interesting. It essentially saves companies from their bad investments, while at the same time saving the credit market from freezing up. Poor decisions and abuse of cheap money got our economy to where it is now. Also we must blame years of deregulation of the financial market by decades of Reagan economists.

So now here we sit, with an expensive bail out which is necessary but unpopular. Where do we go from here?

Posted by Paul