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Originally Posted by Fair&Balanced
At the cost of avoiding an economy in free fall and a depression that would have been much deeper and lasted much longer.
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What was the probability that would have actually happened? Not every thing that was bailed out needed to be bailed out.
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Also, dont forget that 2/3 of the stimulus funding was for tax cuts and tax relief, mostly for small businesses and middle class, along with increased benefit for large number of unemployed in the preceeding 2-3 years ....the kind of tax cuts that Republicans generally like (maybe not the increased benefits part) but refused to support in the stimulus bill for political reasons.
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Under TARP or the Stimulus #1 and #2?