House Democrats have passed a $800 billion bailout on a party line vote, but, outside of Congress and the President, it’s hard to find even Democrats who actually like the bill. Could someone explain why, even theoretically, this particular bill is a good idea and would straighten out the economy?
In fact, I am finding great agreement on the right and the left that we should not be bailing out the banks and corporations on the scale that we are. Perhaps we are indeed seeing an age of bipartisanship and people coming together into a new unity and national consensus. It’s just not happening in our government.
I know there is the call that we need to do “something,” but that is not an argument for this particular bill. How exactly would this “something” solve our problems? Please, someone, explain.
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