Sorry Brian! I am not buying the : “Things would have been so much worse if we did not do the bailout” argument. As far as can see that side tried to convince us that unemployment would be below 8% and it never happened. Why were they wrong? What is their process? What is their logic?
Nope dude your side has not data to support that argument that can be verified. What prediction did they make that you can actually point to as being correct that has had any lasting effect?
Nope. The debt must be paid. By keeping the money supply cheap and plentiful ie. interest rates and federal reserve lending – malinvestment has taken place. The type of investment that does not produce. The type like buying stocks, or commodities that are liquid or can be sold.
I think that if you take a page for the depression of 1920 you see that when the government gets smaller real investment takes place at the proper price point. We have not had that happen. All the POTUS did was put off the inevitable.