The Republican candidates in the 2nd Congressional District discuss whether the bank bailouts were a mistake in their Granite State Debate before next week's primary. Subscribe to WMUR on YouTube now: Get more Manchester news: Like us: Follow us: Google+: ...(read more)
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The 2016 GOP 2nd CD Debate was a heated and controversial event, with candidates discussing a range of issues from healthcare to homeland security. One of the most contentious topics was the issue of bank bailouts. Some candidates argued that the bailouts were a necessary evil in the midst of the financial crisis, while others vehemently opposed them, citing the moral hazard they created and the potential for future taxpayer-funded rescues. However, the general consensus among the candidates seemed to be that the bailouts were ultimately a mistake. Many pointed to the ballooning national debt and the failure of the banks to learn from their mistakes as evidence of this. One candidate, in particular, stood out on this issue. John Faso, a former New York State Assemblyman, argued that the bailouts were a symptom of the larger problem of government intervention in the economy. He argued that the government should instead focus on creating an environment where businesses can thrive and grow without needing bailouts. Other candidates, such as Andrew Heaney and Bob Bishop, also expressed concerns about the bailouts. Heaney argued that the government should not be in the business of picking winners and losers, while Bishop argued that he would never support a bailout of a private institution. In a time when issues of economic inequality and government intervention in the economy are becoming increasingly important in political discourse, the debate over bank bailouts is sure to continue. But one thing is clear: the candidates in the 2016 GOP 2nd CD debate were united in their belief that the bailouts were a mistake, and that the government must move away from such interventions if it hopes to create a healthy and sustainable economy. https://inflationprotection.org/was-the-bank-bailout-a-mistake-in-the-2016-gop-2nd-congressional-district-debate/?feed_id=102362&_unique_id=6474bde258b31 #Inflation #Retirement #GoldIRA #Wealth #Investing #2ndcddebate #granitestatedebate #jackflanagan #jimlawrence #Manchester #NewHampshire #republicandebate #WMUR #BankFailures #2ndcddebate #granitestatedebate #jackflanagan #jimlawrence #Manchester #NewHampshire #republicandebate #WMUR
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