The $700 billion bailout for the 2008 US financial crisis is not a good idea. If you or me, as average citizens, start a business and that business fails, we do not get a bailout. Why should any other company get a bailout. It is just keeping a business alive that should probably go out of business anyway.
The bailout of American companies rarely benefited those on Main Street and instead propped up Wall Street. Taxpayers owned parts of some of the largest financial institutions in the country while people lost jobs and were foreclosed upon. Companies should have declared bankruptcy instead of being bailed out--that's what bankruptcies are for.