joobeejoo47

joined 1 year ago
[–] joobeejoo47@kbin.social 26 points 9 months ago (9 children)

To be fair, government bailouts are not just free money the government gives large corporations with no attached expectations. When the government bailed out GM, for example, the treasury gave GM $52 billion. $6.7 billion was considered a loan (with interest) which GM has since paid back. The rest was an investment resulting in a 32% ownership of GM by the US Treasury.

[–] joobeejoo47@kbin.social 21 points 1 year ago (1 children)

I don’t really care about karma or reputation points. However, I really enjoy having a community where you can upvote and downvote.

 

How do you guys feel about our economic future?