Wednesday, May 23, 2012

Taxpayers and Wall Street




This picture shows a satire of the bipartisan effort to bail out wall street while using taxpayers' money.  As the market tanked, the government realized that cutting taxes and raising government spending was needed, as it is part of America's monetary policy.  However, on the fiscal side of the government's policy, economists realized that buying bonds on the open market wouldn't be enough to keep companies from "going under".  So, the government turned to taxpayer money to bail out the large, irresponsible companies and to keep them from going into bankruptcy.

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