with the national debt reaching 10 trillion, the us govt budget reaching staggering yearly deficits, bailing out everyone is hardly a good idea, no? you don’t have money to do it.
you’ll need to print more in order to pay for it. by printing more, you’ld be diluting the value of the money currently in circulation, thus leading to a fall in value of US dollar…hardly an exciting thing for people who hold the currency.
furthermore, you already have enough problems to deal with like the retiring baby boomers and their pensions, aging infrastructure, money-eating wars, ever growing military spending, you name it! besides, with all the things obama promised to do, he already doesn’t have enough funds. bailing out the rest of the country is just plain silly.
as an afterthought, why exactly should you be bailing out companies that blatantly failed in doing business? think about it, banks went bankrupt! that’s pretty much one of the most idiot proof and risk averse businesses, and yet they went bankrupt. perhaps the reason for that was the fact that they took too much risk in their chase for profits? didn’t they realise that the profit levels they were experiencing at the start of the century were unsustainable? and i presume you are suggesting to bail them out…
anywho, i’m sure your taxpayers will love the idea throwing money left and right to finance every business which hit the fence. besides, the govt will surely ask for something in return. would they ask for ownership of those businesses? and all of a sudden US of A turns into a nationalized economy. hmmm. nah, not gonna happen…you have the biggest concentration of hardcore capitalist believers (unless they go bankrupt, of course)!