Quote:
Originally Posted by retiredguy123
Almost all of the wealth and income that the Federal Government collects comes from the profit made by private companies and their employees, who only have a job because the company makes a profit. Where else do you think the Government gets money? So, when a corporation asks for a bailout or loan from the Fed or the taxpayers, they are actually asking for their own money back.
Yes, corporations may not be prepared to deal with a recession because they cannot print money or borrow it from future generations like the Federal Government does. Also, Carnival is a foreign company that is not part of corporate America.
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I don't see the government bailing me out when I make bad investment decisions in my brokerage account, and I pay taxes. But then again, I am not part of the top 1%, and I don't have an army of lobbyists advocating for me in Washington and providing under the table graft.