It is currently being projected that the U.S. government will have spent $23 trillion by the time this current economic downturn ends, and the economy begins to expand again.
At what point is the solution worse than the actual problem that it's trying to fix?
$23 trillion is approximately double the entire gross domestic product (GDP) of the United States. That doesn't work. The government needs to start scaling stuff back and not be left holding the bag when it's time for the bailed out companies and corporations to start paying their loans back to the taxpayers.
It should also be written into bankruptcy law that if a company that has government bailout money is liquidated, the United States Department of the Treasury gets the proceeds first, to pay the government back for the bailout.
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