Sunday, November 2, 2008
Economics in Marketing Response
The way I think of it is that in the short term effect, with the government intervening with these industries, they may get back on their feet and start where they left off before but that may not last too long and it might not even work for all of the industries that fell. In the long run, having the government take money and try to create bail-out plans and own industries, may affect us because of the money we would have to pay back as taxpayers.
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3 comments:
This is a very good point that you're making Namahn, for the most part I would have to agree with you on your views and I look forward to working with your opinions in the near future!
Which industry was the focus of the most current government bail-out? Have you heard of another industry that may need some federal assistance to continue as a going concern? Also, if the government now has an ownership stake, who is the real owner? Why do investors typically invest in a business?
The industry that still has the biggest focus with the government bail-outs is the banking industry. Another industry that is also a concern and that is needing federal assistance is the auto industry.If the government has an owner stake the real owner is then the real owner becomes the government. The investors invest in a business to simply make profit and to also help the business try to grow.
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