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capitalism - the economic system based on supply and demand. so why do we put undeserved money into business with no demand? if farmers arent getting enough money for wheat GROW SOMETHING ELSE!. if your business isnt working CHANGE IT!
myparadigm, Oct 12 2008
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ps, stop the oil subsidies and it will put an end to fuel inefficient vehicles right quick!
Capitalism isn't based on supply and demand, it's based on competition. The goal of the competition is to get more money. Competitors will naturally try to use any means they can to get more money. If they can find a way to get money through subsidies, they will do it. It may be illogical to subsidize unprofitable businesses, but politics make the illogical logical.
Dwane has accurately pointed out the reason we have them, but I think we need more politicians that can say "No". "No, No NO!".
Yes, myparadigm, I agree, stop subsudies.
And stop this stupid bailout.