How does bailing out massive industries with millions or even trillions of dollars compared to the general population help improve the economy?
In: Economics
Did it last time and it did not work. Pay people directly and they can keep the businesses afloat that would naturally succeed. In stead of the government picking the multinational winners. The people would support the the local business of their choosing thus better supporting local economies. Some would pay down debt thus keeping the banks liquid. Some would buy cars helping the auto industry. Some would use the money on education to learn new marketable skills. And some would retire opening new job opportunities.
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