Where to Invest the Public’s Tax Money

The question about today’s financial crisis is where to invest the public’s tax money. The best that anyone has come up with to date involves bailing out very large corporations that are just too big to be allowed to fail.

These corporate megaliths have a stranglehold on society and the only method to economic salvation available for the public seems to be their satisfaction. But by feeding this beast, don’t we only increase its appetite? And what guaranty do we have that there will even be a market for the products that they will produce?

Comments

6 Responses to “Where to Invest the Public’s Tax Money”
  1. Lilit Akilian says:

    What a good thought. I’ve always wondered if investing in large corporations is the best idea? Or are u setting yourself up for future downfall?
    Investment is an important topic because the way our economy is becoming, investing can be both risky and smart.

    I think that before people make any big desicions with their money, they should wait until the economy clears up a little so investing money can become a safe option.

  2. Lilit Akilian says:

    What a good thought. I’ve always wondered if investing in large corporations is the best idea? Or are you setting yourself up for future downfall?
    Investment is an important topic because the way our economy is becoming, investing can be both risky and smart.

    I think that before people make any big decisions with their money, they should wait until the economy clears up a little so investing money can become a safe option.

  3. Christopher Graham says:

    We continue to bail these large companies out with millions of tax payer’s money and yet we have no say so. The people making these decisions are connected with these huge corporations and are making their decisions under influence. I feel there is a better way out of this jam but the people making the decisions want their 2,000,000 dollar checks.

  4. Jamie Eustice says:

    This is a good idea but the problem with people is they don’t know how to express themselves logically and unifromally enough to bring about change. I am sure that many people agree with this and would like to stop feeding these large corporations money but what people don’t know is how to go about this. A statement needs to be made that we are tired of puting our tax money into things that do not deserve and/or need it. Take your example, big corporations, how do we know that their product is so beneficial that we need to pour our hard earned money into it? We don’t, the advertisements and the business marketing team tell us that we do. We are being sublimated by them to think that they are necessary to our survival when in reality half the items being produced are either useless or a luxury. People seem to think we need these things to survive but our ancestors survived just fine without a salad spinner USELESS PRODUCTION NEEDS TO GO it is not worth the money and energy.

  5. Osama Shahzad says:

    Good point. I never thought of it that way. Astoundingly, if we didn’t bail those companies out the American public would have been extremely screwed. I can’t even begin to image the extent of damage that would have been done if those corporations would not have been bailed out. But that entire situation is rather sad, in the end we had to help save these companies, without which we might have been in an even worse predicament. Very ironic, in the end we HAD to help them.

  6. Sylvester Rimando says:

    To Professor Angelo Allen,

    I would like to say that the best way to invest the public’s tax money is to emphasize more on
    public transportation. At a time where the population of a city tends to be oversprawled
    with automobiles as prevalent on the roadways, we need to fund accessible and affordable ideas in an effort to promote riding in an earth-friendly protocol. This is very valuable for the residents to consider in his/her everyday lives to commute at places visited on a frequent basis. Personally, as a frequent bus rider, I would recommend that it’s worthy for public transportation to be spent in such expedite manner.

    Sylvester Rimando
    Art 101 student Spring 2013 semester
    Mon. & Thur. 1:00pm-2:55pm

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