Why do Republicans always bail out big business on the back of the taxpayers?

Question

The big three American auto makers are lobbying for and will probably get $50B to research alternative fuel cars. Businesses that fail to change with the times are supposed to wither and die...at least that's what capitalism says. But the big three auto makers failed to make the right investments in research and now ask for a handout? and the Republicans are only to happy to open up our checkbook?

This country pays a few pennies in aid to low income citizens in comparison, but when it comes to big business, the welfare involved is gigantic.

Answer 1

The problem isn't so much the bailouts, as the deregulation that requires the bailouts.

Republicans talk about how "government regulations" stifle business.  So they lift the regulations, the sector goes out of control and the taxpayers end up paying for a bailout.

The rich guys who donated millions to the Republicans end up find in the end, though.

Answer 2

When big business goes, so do thousands of jobs.  In turn the employees suffer the most.  That's why.

Answer 3

Maybe because liberals have put their cronies into power.  Think about Fannie Mae and Freddie Mac and the people in charge there....friends of the Clintons.  Enough said.

Answer 4

Most of the companies they bail out are owned and managed by themselves; so how best to keep afloat than to bail themselves out at the expense of the taxpayers.

It is a shame!

Answer 5

"This country pays a few pennies in aid to low income citizens in comparison..."

Who provide how many jobs to American citizens again?  If you're going to make these comparisons, please allow for some proportionality.  



..."but when it comes to big business, the welfare involved is gigantic."

Do you know who the Big 3's biggest supplier is?  It ain't tires or metal sport...it's healthcare.  We could allow them all to go solvent, and then we can buy cars from non-UAW plants and from employees who have no benefits and whose income will benefit other countries (go ahead and see what Toyota pays per unit in healthcare versus GM or Ford), or we could compete and build up Detroit to the powerhouse it once was.  It's not just a beat-your-chest kind of thing when I say that, it's a matter of keeping America stable and prosperous, from everyone from the Big 3 CEOs to the lowliest line worker.  The bankruptcy of a major car company would cost us more in unemployment benefits, retirement solvency and healthcare for the jobless than it would if we used this money NOW to promote a healthier way of doing auto-business and developing hybrids, etc.

Answer 6

Because it is big business that pays for election campaigns and that's all American politicians feel truly beholden to: $$$.

Answer 7

Because business provides the jobs. Big business provides a LOT of jobs. Business goes, jobs go. Isn't it better to prop these businesses up until they can retool or would you simply have people lose their jobs and become dependent on the government?

Typical liberal. Business is not evil. It is the life blood of our economy. You'd rather give food stamps than jobs. That's the difference between liberals and conservatives.

Answer 8

No link, no source, no proof, no believe.  Sorry kid, your little liberal lies don't fly.  Try an education before you make a fool of yourself again.

Answer 9

Repubs are investment minded. Investing in a "big company" has higher chances of returns on monies spent than investing in a group of people down on their luck. It's not glamorous, may sound mean, but it economics.

Channeling funds into the big three auto manufacturers to help aid the transition to new alternate fuels vehicles follows the same principle. More money towards research not only ensures more viable technology sooner, but also provide the jobs it will take to make those new techs happen.

Sending tax dollars to those who are down on their luck, the poor, or the unwilling to work is viewed as a bad investment because the money, once vested, is usually gone forever.

Answer 10

Well, if you don't mind going into a depression, then let the companies wither and die, but remember, there will be a 'domino effect' and you and/or your company will go down also.