16th July 2009, 12:57 PM
Bailouts were a terrible idea, at least in the automotive industry. If a business cannot self-sustain, it dies. That's how the system worked up until now, and life went on. GM and Chrysler failed because their competitors offered better, more efficient and more reliable vehicles. The bailout amounted to a reward for poor business practices.
I agree that Bush was far too profligate with our money. Whatever about that man was conservative, his fiscal policies and expansion of government were totally spendocratic.
But, the economy is getting worse because of Obama's policies, and he's been in office long enough to where soon he won't be able to pass it off as an inherited problem anymore.
I agree that Bush was far too profligate with our money. Whatever about that man was conservative, his fiscal policies and expansion of government were totally spendocratic.
But, the economy is getting worse because of Obama's policies, and he's been in office long enough to where soon he won't be able to pass it off as an inherited problem anymore.
YOU CANNOT HIDE FOREVER
WE STAND AT THE DOOR
WE STAND AT THE DOOR