Monday, October 6, 2008
Bailout plan
I wanted to comment on the bailout plan issue we were discussing in class last week. I'm not sure what would have been the best choice and I honestly don't think anyone else really does either. I personally don't like the idea of bailing out businesses who made bad decisions in the past. Sounds like the government is sending a message saying its okay to take risks and mess up because they'll be there to bail you out. I was actually discussing this topic in one of my other classes and heard arguments stating that if this plan was implemented it would ruin the future of the economy and the business world. It seems like we will be rewarding the bad and punishing the good.
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