Bailout Nation

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This is an opinion item.

Author(s) Chicago Tribune editorial board
Source Chicago Tribune
Date November 16, 2008
URL http://www.chicagotribune.com/news/opinion/chi-1116edit1nov16,0,6614515.story
Quote
Quotes-start.png "When the government shovels out money, all sorts of people are going to show up with wheelbarrows. But that's the thing: There is no bailout fairy. This isn't money that miraculously materialized on printing presses. It's taxpayer money that, at least in theory, has to be repaid. The national debt is in 14 figures now—north of $10 trillion—and climbing fast." Quotes-end.png


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This item argues against the position United States should bail out the automobile industry on the topic Economic crisis of 2008.