Comment by foxglacier
11 hours ago
Bailouts aren't following some rules of fairness, they're for specific reasons like preventing greater economic problems (2008) or national security (probably Intel). You might disagree that those are the best ways to address those risks but that's why we elect the government to make those decisions and act on them instead of letting the country collapse - which is arguably more important than social services which won't really matter if there's no money to fund them or the country has been taken over by some hostile enemy.
Is like the country is not already collapsing due to lack of social services compared to the supposed enemy which already has higher lifespan while having 10x lower gdp per capita.
The US is not “collapsing” and we have plenty of social services.
Our lifespan is lower because we’re fat.
And because of gun violence.
Not a serious problem in the same sense that a military conflict would be. Different categories and different concerns.
> Bailouts aren't following some rules of fairness
And people wonder why populism came back. Huge transfers of wealth aren't about 'fairness', its about preventing greater economic problems that the people who received the bailout say will happen if they don't get bailed out.
At the end of the day, this line of thought is going to fuck over the country far more than any depression would.
That’s fine. But when the gov is picking winners and losers, that not a free market. What it is, it is. But it’s not a free market based system.