With $5 billion from the taxpayers, I could be John D. Rockefeller, J.P. Morgan, and Andrew Carnegie myself. But those famous industrialists and financiers made huge fortunes on their own. They weren’t kept in business by a steady stream of taxpayer funds.
If you own a business—maybe a taco stand, a dress shop, or an insurance agency—you know it takes a lot of hard work, good market analysis, a better product or service than your competition, and advertising. Add in a bit of luck, and you hope to grow your business—though vacant storefronts and boarded up buildings in towns and cities across America show that isn’t always enough. Each going-out-of-business sale represents the death of someone’s dream.