would you say the bailouts failed? Stock market has tripled since, and Fed no longer holds equity in GM
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Yes. Classic example of concentrated benefits with dispersed costs. Transferred resources from many (unseen) to a few (seen).
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a strong stock market is good for most! Many bank whole retirement on 401K plans. Not optimal, but it is reality!
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Your mistake is assuming the stock market wouldn't have been stronger if two companies hadn't received corporate welfare.
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Enjoyed the intellectual debate congressman Amash! Hope you enjoyd your Thanksgiving and are ready to fight for us in congress!
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New conversation -
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the # of folks who think you're either liberal or a hypocrite bc of your stances is telling.Thx for standing above partisanship
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curious. what % of your colleagues consistently follow a set of governing principles? as a casual observer # seems low.
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It's almost as if you're voting based on a consistent political philosophy instead of political convenience. Insanity!
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@JB_Nimble filing bankruptcy doesn't mean closing & thousands jobs lost. BUT we do need a true free market.#SentinelNationThanks. Twitter will use this to make your timeline better. UndoUndo
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if gm goes bankrupt demand for vehicles not changed so other makers increase production thus additional jobs, get it?
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well, nobody bats 1.000
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