Automaker bailout for a couple of automakers was 25 billion, bank bailout was 700 billion for the big banks making lousy loans. Most Americans received nothing of measure for these bailouts unless they needed a car from a bailed out company or banked at one of the mega banks. So a 12 billion bailout for farmers that actually feed us, that’s usable.
Totally agree.
“Automaker bailout for a couple of automakers was 25 billion, bank bailout was 700 billion for the big banks making lousy loans. Most Americans received nothing of measure for these bailouts unless they needed a car from a bailed out company or banked at one of the mega banks. So a 12 billion bailout for farmers that actually feed us, that’s usable.”
I am of the opinion that Marxist Economics is poor policy no matter what industry is the recipient of the taxpayer’s largesse.
For God Sakes man, the 700 billion bailout was paid back with interest. I’m not saying the farm subsidy isn’t worth it but please seriously, 10 years later and you still spread a lie?