Economys short term boost for political gain??

eire2009

The government is blaming the banks, the financial markets that’s all you hear is how they took excessive risks to boost short term profits to acquire bonuses. Which is bad for long term efficiency of a business. The last time I checked the banks don’t run the country the government does. And by the looks of things it’s the government that took excessive risks to boost the economy in the short term for political gain which has obviously has had a long term effect of weakening the economy, imploding under the first sign of economic stress. Maybe what’s best for economies in the long run isn’t necessarily best for the governments popularity but a more sensible approach has to be implemented in the future. Squandering money just cause we have it is not going to last forever how could it be good for the long run efficient economy.

ranger4

eire2009 wrote: »

The government is blaming the banks, the financial markets that’s all you hear is how they took excessive risks to boost short term profits to acquire bonuses. Which is bad for long term efficiency of a business. The last time I checked the banks don’t run the country the government does. And by the looks of things it’s the government that took excessive risks to boost the economy in the short term for political gain which has obviously has had a long term effect of weakening the economy, imploding under the first sign of economic stress. Maybe what’s best for economies in the long run isn’t necessarily best for the governments popularity but a more sensible approach has to be implemented in the future. Squandering money just cause we have it is not going to last forever how could it be good for the long run efficient economy.

No provisions by any government were made to help us in this financial disaster along with a self regulatory regime which has shown itself to be a sham.

Time Magazine

I'd send this to Politics, if you hadn't already posted it there.