Any way I try to work this out (its JUST math) the taxpayers made - TopicsExpress



          

Any way I try to work this out (its JUST math) the taxpayers made a profit. If the government lost $9.3B from the Ally investment, but made $15.1B on the TARP program, then taxpayers either made $15.1B, or if you subtract the Ally loss (it is not clear if the TARP included the automakers, Ally, or all of them) taxpayers made $5.8B on their investment. Either way, the headline Ally Sale Leaves U.S. Taxpayers With Loss... is just wrong. It seems that we all made out with the bailouts. Why does no one enumerate the massive gains from employment, taxes that would not have been paid by dead companies, and overall economic health of our nation?
Posted on: Tue, 30 Dec 2014 21:50:36 +0000

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