Is Better Financial Regulations Or Bailout Money Best For The Economy
By elmiko
@elmiko (6630)
United States
March 16, 2009 10:30am CST
I think they both have their place in improving the global economy. This is what Europe and the U.S. are having disagreements about with the U.S. wanting bailout money to fix the global economy while Europe wants better financial regulations.
There would not be this mess if their was better regulations.
1 person likes this
4 responses
@moonlitmagikchild (22181)
• United States
17 Mar 09
financial regulation is better because i dont think they will seriously try to change and do better if the government just hands them our tax paying money
@Arkie69 (2156)
• United States
16 Mar 09
If the right regulations were applied and strictly enforced there would be no need for bail out money. We wouldn't be in the mess we are in to need bailing out. Price, wage and profits control are a must if we ever hope to have a stable economy. Greed must be controlled. There are certain things you cannot do in business without creating inflation and hurting the economy. This crash is simply a natural adjustment of our economy to bring wages and prices back into balance. For the past several years retail prices have increased a lot faster than wages. Both must be frozen to prevent this from happening in the future.
Art
@mrdos910 (455)
• United States
16 Mar 09
I think first we need the bailout money to get everything back on track where they need to, and then enforce tighter regulations to keep this from ever happening again. I guess Europe and the USA both are partially right, but put them together, voila.


