That Guy on 31 January 2009
the problem with "letting the market correct itself" is that people will be unemployed and won't be able to support their families until "the market corrects itself". The government is just trying to make sure people will be able to survive until the market does correct itself.
Remember that almost half of the bailout money, 350 billion or so, IS going into tax cuts, and the rest of it will be going into infrastructure, school loans, etc. etc.
Also remember that there are TWO bailouts; the 700 billion dollar one that was passed to help out the banks, and the one Obama is pushing (the 800 billion dollar one) that hasn't been passed yet.
