Agreed, at least for a while.. I’d be open to the government eventually selling the business back off to others
Also don’t recommend reading replies… not a lot of worth there
That missed the gist of it: if some sector or company is crucial enough for the government to be forced to step in if it fails, it shouldn’t be allowed to be operated in a for-profit market.
It’s not “the government should buy out and keep the companies that need a bail out”, because that’s actually just privatize the profits and socialize the loses. It’s “if it can’t be allowed to fail, it can’t be left on private hands and looking for profits shouldn’t be its way to operate”.
