The $700 Billion US economic bailout is not economically sound or necessary. These bailouts only cause further harm to economy than necessary because we spend so much in order to fix our economy it just leads us to be further in debt. We need to find other solutions than just increasing our debt.
The $700 billion economic bailout to keep the banks from failing was a mistake. Banks that lend to people who are not qualified to buy a home and banks that make risky investments should be allowed to fail or be bought out. I think the money would have been better invested in improvements in our failing infrastructure which would have put people back to work.