Bank Bailout

At our last debate, Rob Woodall said he would have voted against the bank bailout during the height of the financial crisis in 2008. My question in response was: “What would have been the result if the bailout had not happened?” What would likely have occurred would have been financial disaster and economic depression. None of my generation have ever seen a “run on the banks”, but we would likely have seen just that without the federal bank bailout. Within a year or so of the resulting meltdown, we would have seen homeless families pitching tents by the side of the highway. We would have seen a second “Great Depression”.

Tough decisions had to be made to pull us back from the brink in 2008. Those who seek congressional office have got to be able to make those tough decisions and explain them to constituents. Simple minded “gut reactions” don’t constitute leadership.