How does the average taxpayer ever actually end up benefitting point blank?

bko 3 days ago | parent | next [-]

Not that I agree with bail-outs, but 2008 financial crisis that resulted in a number of bail outs actually netted the treasury a profit.

> In total, U.S. government economic bailouts related to the 2008 financial crisis had federal outflows (expenditures, loans, and investments) of $633.6 billion and inflows (funds returned to the Treasury as interest, dividends, fees, or stock warrant repurchases) of $754.8 billion, for a net profit of $121 billion

https://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program

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gizajob 3 days ago | parent | next [-]

I don’t think that really counts if there has to be a giant campaign of quantitive easing by printing dollars alongside.

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frollogaston 3 days ago | parent | next [-]

Was going to say, gotta check first how long that money was tied up for the profits to really mean anything. How well would that investment have done vs index funds or gold? Or what if you adjusted all dollars for supply?

	▲	azinman2 2 days ago \| parent [-]
		The gov doesn’t invest in index funds or gold or in any traditional investor way outside of spurring growth.

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gonzopancho 3 days ago | parent | prev [-]

We had that in 2020

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freeopinion 3 days ago | parent | prev | next [-]

Was that profit diverted from companies that were better managed and didn't get a bailout? We can see who won. Who lost? And why is the government deciding winners and losers? Why especially when the government is one of those winners?

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JumpCrisscross 3 days ago | parent | prev | next [-]

To be clear, that bailout was passed by the Congress. This is a new phase of the President gets to just bail out anyone.

	▲	IshKebab 3 days ago \| parent [-]
		What do you mean? This action means Trump has removed a bailout. They were going to just give Intel a chunk of money. Now they aren't.

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3 days ago | parent | prev [-]

[deleted]

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whoisburbansky 3 days ago | parent | prev [-]

Profits from the stake lower taxes that would otherwise be levied on you? Of course that’s moot if the deficit isn’t something being taken seriously.

	▲	steveBK123 3 days ago \| parent [-]
		Deficits aren't real and 10% of $0 when they likely go bankrupt is $0