The Elitist

November 9, 2008

China’s Bailout Shows Us Up

Filed under: China, Financial Crisis — The Elitist @ 10:14 am

China just announced that they are pushing a $586 billion bailout for their economy. The money will go towards infrastructure projects and social welfare. These crazy communists clearly don’t understand how the economy works. Ridiculously large sums of money cannot be spent on helping the people on the ground. It must be given to the large financial corporations who started the financial crisis in the first place. A government spending money to help normal people is just insane. When will the Chinese learn that the average citizen’s tax money must be used only to help the richest corporations when they fuck up and destroy the average citizen?

NY Times – China’s Bailout

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