Comment on Geithner forces Citi to cancel jet orderparentComments−gojomo17yWhat a fine recipe for recovery: every nation for itself, make companies buy only what's politically-favored, reduce competition, reduce world trade.(Those were all popular-but-misguided mistakes that made the 1930's depression deeper and longer.)−lg17yI think the misguided mistake was giving Citigroup too many tax dollars.−kragen17yWhile I'm not in favor of the reducing-world-trade argument, I have a hard time with the idea that using tax dollars to buy expensive executive perqs and pay hefty year-end bonuses is going to help the economy recover.
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What a fine recipe for recovery: every nation for itself, make companies buy only what's politically-favored, reduce competition, reduce world trade.
(Those were all popular-but-misguided mistakes that made the 1930's depression deeper and longer.)
I think the misguided mistake was giving Citigroup too many tax dollars.
While I'm not in favor of the reducing-world-trade argument, I have a hard time with the idea that using tax dollars to buy expensive executive perqs and pay hefty year-end bonuses is going to help the economy recover.