Andrew Comments on the Post – The TARP Bank Bailout Saved Huge Financial Institutions But the Benefits Failed to Trickle Down to Most Americans

Andrew comments on my previous post – The TARP Bank Bailout Saved Huge Financial Institutions But the Benefits Failed to Trickle Down to Most Americans.

Andrew comments with some regularlity on my posts. Here are his latest thoughts –

You mean trickle down economics doesnt actually work!?  Who would’ve thought it!!!!????  That type of economic mechanism only works when the business leaders allow it to happen.  In this case, greed led these executives to run their companies into the ground.  In response, the government bailed them out with a program that could only be effective if they behaved unselfishly and without greed.  Hmm…

Enhanced by Zemanta

Copyright © 2014. Powered by WordPress & Romangie Theme.