Quote:
Originally Posted by sherm
By definition, yes we would be. But as we have seen, capitalism hasn't been our strongest trait as a country as of late.
There are no real answers here and I don't want to sound like a know it all. I am 100% sure that a lot of my beliefs are flawed. It is however how I have summarized it all in my head, and I do agree with a poster earlier:
We need to stimulate the economy by instituting better infrastructure: roads, bridges, etc...Which in turn will put more jobs out there for us, will make our communities nicer and it will pump up some public morale by seeing "change".  |
Oh, no, I appreciate you exchanging posts with me, as I know I am not the most knowledable person on the subject.
I will say this. I believe we have to do the bailout, and I believe it because Buffet said we had to. Him I believe. (or that was my interpretation of what he said)
While there are no guarantees in life, I could swallow the bitter bailout pill a little better if I could believe that we as a collective whole would learn anything from it.
That is what I don't have a great deal of faith in.