Okay, so while everything was good and hunky-dory government intervention was hated, but when the bad times have come, businesses are suddenly changing their capitalistic flags to a socialistic one. Asking government for doles, when their own mistakes have caused the crisis is shameful. Capitalist ideology has always been a proponent of crime and punishment. That is, if you perform, you are rewarded or you are punished. But suddenly that ideology has been thrown in the air. When the corporates felt the heat of their mistakes they started begging for stimulus packages. All around several businesses have survived the crisis due to their good policies. It’s time government stops the packages and let market take its own care. For how long they wil behave like arm chaired businesses needing a push now and then. The money should be invested in infrastructure development and poverty degradation. Hand outs to businesses should be stopped immediately, because it sends out a message that even bad performers get rewarded.
Therefore, I think government intervention is unnecessary.
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