Trump was right about Obama’s fake recovery, but he didn’t do anything to fix the problem. He owned the stock market highs! The Fed has lost their ever-loving Keynesian minds! Let businesses fail. Let industries fail. Let individuals fail. The taxpayers fund the government, not the other way around. The government can’t prop up all these things.
You think the airline industries shouldn’t be able to fail? Why not? Are you a commie that wants state-run airlines? If an industry is bankrupted, then a BETTER owner will buy it up and try to run it more efficiently and avoid the risk that killed the last owner. It doesn’t mean we won’t have planes in the sky.
America needs CAPITALISM not BAILOUTS or SOCIALISM. Gah this is the one thing where trump drives me crazy. I love out president, but bailing out industries was an Obama era mistake. Please Mr. President don’t inflate the bubble bigger.
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I didn't say I wanted the American economy to fail, I want it to grow like crazy. But like Trump said when he was running for president, the economy was a huge bubble and it was a fake recovery under Obama.
I'm just saying that individuals and corporations should reap what they've sown and the Fed shouldn't print money because it devalues the dollar and only makes the bubble worse. Let the bubble pop. Don't try and prop it up with a bunch of monetary cocaine. We need to go to rehab, raise rates, and probably default on some of our creditors (like China).