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Comment by vel0city

6 months ago

If a bakery goes to a bank and gets a loan to fix their ovens is that a bailout?

Things like TARP bailouts and the auto industry bailout were weird one-off programs with very narrow beneficiaries that nobody else really had access to. This loan program in question is a normal, long standing program that anyone can apply for and has funded a lot of different things. Do you not see a difference between these?