Originally Posted by dogzilla

I've worked thru something like five recessions, back to 1974. I don't recall any of those recessions requiring a bailout like this, and the economy recovered from each one of them. With or without any bailouts, this recession will end as well. Eventually, as a consumer, I will need to buy a new car, a new refrigerator, new TV, etc, all in due time.

In the meantime, the taxpayer is stuck with at least a $1.5 trillion dollar bill for government meddling and what the government thinks will result in an economic recovery. So we end up with a government that is wasting money on things like this and not thinking about what happens after the phony incentives end.