I just hope that these companies are able to recover, and that job losses will be minimized.
Monday, November 24, 2008
Citigroup Bailout... When Does it End?
While reading yet another article on a newly created bailout for another failing company, it forces me to think about when these bailouts will end, or whether they can even end shortly. Such talk is sure to make most people nervous, since we can't go on bailing out companies forever. According to Keynesian theories, one could argue that such spending through the bailout should raise our actual GDP far above what it actually would be.
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