Trouble is, the trillions in bailouts is fed into large companies with the "trickle down" theory in mind. That was true in Boomer youth years: that wealth was created the more factories were built and staff employed. Now that's not so much a truism anymore. Today it's tech which is rendering man into the same situation the horse was put in when the horseless carriage grew in popularity.
All future bailouts should only go to physical humans. The companies which serve a function on the market to provide products and services people need and people buy should be the winners. No more dropping tens-hundreds of billions into major zombies under the guise of "trickle down" only to see congressmen's investments saved. Boomers wouldn't need investment banks to be propped up to save their small semblance of retirement the way they are now if the interest rates weren't suppressed for decades.
Future bailouts must be restricted to cash payments *only* to humans and never to legal fictions!
WD6UFF wrote: