Replies to post #174894 on Tornado Alley (PROG)

[StephanieVanbryce]

our government should stop bailing the financial institutions

Nope. It was absolutely necessary to do those bail outs and provide the banks with money. The WRONG thing about it was ... to NOT make regulations and get them signed before they received the money. A much BIGGER crises would have followed .. one that is so frightening ...most political posters cannot even imagine ... they don't think about the fact ... that, banks can't write their paychecks and that their banks ... are now behind lines of people trying to get in to find that the money is not there ... atms? ... .. not working ...paying your bills ? .. HA! no can do ... next week? .. NO PAYCHECK

I don't even like thinking about it ... Government must step in when the private sector is going to CRASH the entire national economy AND the global one too .. they did the right thing .. the wrong way ..

[StephanieVanbryce]

Govs 'investing' - how has that been working lately?

When government was investing .. it held UP the economy AND it held UP the states .. now, and for the past two years
...........stimulus ran out. States & the FEDS increased firing people ... public sector jobs are lagging at both
state and the federal level, actually, IF we got that back up to where it was, our unemployment rate would be lower ...

Government Spending on GM is working out ...

Government Spending on spaceX is working out ..

and of course pharmaceutical and all other sorts of R & D ..

..........on and on it goes .. we just need more of it. Enough to create some demand.