We taxpayers have handed hundreds of billions of dollars to the same mortgage and insurance industry that started all the trouble with its reckless gambling. We have bailed out General Motors. We have distributed tax cuts to businesses that were supposed to use this lubrication to expand and hire.
For our dollars, we have been rewarded with the staving off of potential financial Armageddon and the stabilizing of a real economy that was teetering dangerously toward the abyss. That certainly is something, but it falls far short of the only thing that can end this disaster on a meaningful scale: large numbers of quality paychecks.
keyboard shortcuts: V vote up article J next comment K previous comment