Did you know that since 2008 the federal government spent almost $700 billion dollars of taxpayer money to bail out companies (“Bailout Tracker,” 2016)? The government has used this money to give to companies that are failing or were about to go bankrupt. This is a small group of people deciding what businesses get the money and stay in business and which ones don’t. The money comes from us, the taxpayers, and it shouldn’t be used to support failing companies. It is a waste of our money and can be used for better programs that benefit all the people not just a few. Government bailouts shouldn’t happen and companies that can’t succeed without government assistance should fall to the hands of the free market. The federal government has allocated billions of dollars to over 900 companies through the Emergency Economic Stabilization Act of 2008 or TARP (Times, 2016). In a section of this bill it states that some of these companies are to repay the funds received and then that money will be given back to the taxpayers (Times, 2016). However out of the few that have supposedly paid back the money what has been done to benefit …show more content…
The way I planned my paper was by writing a first draft. I picked a topic and then began to do some research. After finding the research I then started to write, not caring about my grammar or some of the words used. I find this to be the easiest for me to get my paper flowing with ideas and for me to effectively manage my time. My essay topic I chose to write about is argumentative, so I chose a topic that I feel can be debated (Hasa, 2015). The other thing I think defines this as an argumentative essay is that I believe what I wrote is true (Hasa, 2015). I am not trying to convince my readers of my idea rather debate the facts. My paper is for adults who like to read on political issues, and for people who care about where their tax dollars are