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In 2008, after a series of bad investments, the stock market crashed. It seemed that many major corporations would collapse including investment banks and the auto industry. In order to "save the economy" Congress passed a $700 billion "bailout" in which these large corporations were given taxpayer money. "Too big to fail" was the slogan of the day (The idea that the American economy would be destroyed if the government did not step in with the bailout). Who would have agreed with the bailout? Explain.
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