|
|
|
|
|
by criley2
1713 days ago
|
|
> Look at how much we injected in banks in 2008. If you're talking about the US, those were loans which, simply put, returned a profit to the US within a short number of years. https://projects.propublica.org/bailout/ $634 billion out, $743 billion in for about $109 billion in profit for the taxpayers in about ten years. While I agree that major investment into future technology is important, I think comparing it to short term loans that had collateral in the form of bank equity, and which were repaid with a profit to the government, is a poor comparison. |
|