by TDK

Created on: December 16, 2008   Last Updated: January 13, 2009

The American Economy has been slowly and painfully ailing since 9/11. The value of the U.S Dollar has dropped drastically over the past eight years, which in turn caused hyperinflation, and less money in Americans pockets to spend. North America's Investors have been flocking to other countries not only for their raw materials, but for their businesses and futures. The U.S bailouts are a failure and not a good investment in America's economic future. Here are ten reasons why the bailouts are destined to fail.

1. First of all, a robust economy has a strong base of employed citizens who have money to spend not only on bills but on "big ticket items" as well. Big ticket items such as houses and cars keep the economy hearty by giving it's top companies business. Nobody buys what they cannot afford; be it financing for a car, a college loan, or personal loan.When citizens do not have money to spend, they use it to pay down debt or save, which is what has been happening recently after the economic collapse.

2. The National Debt is the largest accrued in history to date. This debt is important to the welfare of the nation because it reflects the profitability of said nation. No matter how much money is thrown in to the system it will never be enough to pay off the National debt. The National debt is up to $10,608,862,041,092.23. If distributed amongst the approximately 385,202,524 citizens of the United States individually Americans would owe $34,750.96 each! America has been using this money to fund the war and pork barrel projects. If the Nation had continued to pay off what was left when there was a "surplus" in 1998 instead of handing it out, than the National Debt would be nearly paid off by now.

3. Instead of Investing in companies and business practices that do not work, America should have Invested that 7 billion dollar bailout in to bringing business and International partnerships back to America. The United States NEEDS it's foreign investors because when other nations invest in the States and trust it's business practices, it builds America's reputation as an economic superpower that supports it's citizens as well as the worlds.

4. The Bailouts support the "Richest 1 percent of Americans". Though this rhetoric is beating a dead horse that Al Gore had already beat on back in 2000, it is true. The richest 1 percent of Americans own the majority of the stock that will be injected with money and in the long run will profit from this money.

5. America's future generations

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