shalafi, 1 month ago (edited 1 month ago) As to the auto industry bailout, would you rather have had a major American industry simply collapse?! Don’t know about the others, but Chrysler paid it all back, with interest, years ahead of schedule. The Treasury made a profit on the bank bailouts. en.wikipedia.org/…/Emergency_Economic_Stabilizati… And all of that put together is chicken change against the $1.7 trillion owed in student loan debt.
As to the auto industry bailout, would you rather have had a major American industry simply collapse?! Don’t know about the others, but Chrysler paid it all back, with interest, years ahead of schedule.
The Treasury made a profit on the bank bailouts.
en.wikipedia.org/…/Emergency_Economic_Stabilizati…
And all of that put together is chicken change against the $1.7 trillion owed in student loan debt.