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https://www.reddit.com/r/SipsTea/comments/1uyqyix/system_protects_power/oy26tcc/?context=3
r/SipsTea • u/PleasantBus5583 𝙑𝙄𝙋 • 7h ago
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2008 - The gov bailouts actually turned a profit in the US and UK (probably did else where too but I don't have that data)
2009 - The gov didn't bailout the auto industry, they literally bought the companies and again, turned a profit.
2020 - Same as above only no profit yet, be we need airlines and they likely will turn a profit in the coming years.
2020 v2 - Yeah ok no excuse here, the PPP loans being forgiven is borderline criminal.
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u/Kwinza 3h ago
2008 - The gov bailouts actually turned a profit in the US and UK (probably did else where too but I don't have that data)
2009 - The gov didn't bailout the auto industry, they literally bought the companies and again, turned a profit.
2020 - Same as above only no profit yet, be we need airlines and they likely will turn a profit in the coming years.
2020 v2 - Yeah ok no excuse here, the PPP loans being forgiven is borderline criminal.