They say hindsight is 20/20... So looking back to 2008, do we still bail the banks out?

[OsO]

At the time the majority of americans supported the bailouts while a small minority opposed it. I'm curious how folks feel about the bailouts 6 years later...

What was your position at the time, and how do you feel about the bailouts now?

What, if anything, should we have done differently?

 

[Matt504]

shouldn't have bailed them out.

just temporarily prolonged the inevitable.

 

[YaBishh]

it would have happened either way

 

[FaTaL]

yes because things be much worse today

 

[ill]

I was in favor then and I am still in favor of it. shytty situation all around but if there were no bailouts the recession would be worse and would have lasted longer than it did.

 

[DEAD7]

Hindsight?

Spoiler

 

[HideoKojima]

What about these student loans I got 20K waiting on me at the finish line

 

[NkrumahWasRight Is Wrong]

What about these student loans I got 20K waiting on me at the finish line

Id support student loan forgiveness more than I would big biz bailouts but I dont really support either..

 

[Tropical Fantasy]

What about these student loans I got 20K waiting on me at the finish line

youre getting off kinda easy compared to others

most of the kids I went to school with are 160k+ in debt

 

[Domingo Halliburton]

it was going to be 1929 again...it worked. Close thread.

 

[ADevilYouKhow]

it was going to be 1929 again...it worked. Close thread.

 

[HideoKojima]

Id support student loan forgiveness more than I would big biz bailouts but I dont really support either..

fair.

youre getting off kinda easy compared to others

most of the kids I went to school with are 160k+ in debt

All my friends who didn't go to state schools are looking at figures similar to that. Why would anyone not got to a state school for a B.A It's just a bachelors degree. No need to get into hella debt

 

[Jhoon]

fair.

All my friends who didn't go to state schools are looking at figures similar to that. Why would anyone not got to a state school for a B.A It's just a bachelors degree. No need to get into hella debt

you can blame the students, or you can blame the schools and the government. Higher education in this country should be free.

 

[Vandelay]

We did the right thing. Would of been 1929 all over again. People dont realize it wouldn't have stopped at banks. Look up fractional reserve banking and how that effects everyone.​

Sadly, it's business as usual.

I think the stimulus should have been bigger and structured differently however.

Works Progress Administration anyone?

White ppl would be naming their kids Barack right now.

 

[Rarely-Wrong Liggins]

There was no way Obama was going to be able to plan and execute a New Deal like revitalization of this country. He was barely able to get the half assed Stimulus Package through after offering numerous concessions. The Party of NO was not going to risk having the country saved by a black man.