The Hypocrisy of Bailouts
Why are billion dollar corporate bailouts the American status quo, but bailing out struggling people is a socialist nightmare? It's almost like the priorities of this country are a little skewe...
It’s tempting to say the American economy is busted, but as we explore in this episode, it is actually functioning exactly the way it was built to — and it’s working better than anything Elon Musk ever invented. We’re fed the myth that if we just let the market do its thing, everyone will benefit and things will be fair. But the reality is that the government has a huge amount of control over the market and it picks winners and losers all the time. The winners are mostly giant companies who hardly need a handout from Uncle Sam. But if you suggest shifting the system so it makes workers, the very people America claims to love so much, the winners — GASP! Suddenly everyone’s calling you a dirty socialist.