But, without a bailout, the financial system would have remained paralyzed, making the subsequent recession much deeper and longer. True, the US stimulus package was largely wasted, but that was because most of it went to sustaining consumption rather than to correcting the underlying imbalances.
这些说法不无道理，但有失偏颇。2008年金融危机首先是市场失灵，美国（及其他国家）监管者的失职要负很大责任。但是，如果没有救援计划的话，金融体系绝对不会自动恢复，这将使随后的衰退程度更深，持续时间更长。诚然，美国刺激计划很大程度上是在浪费钱，但这主要是因为大部分钱被用于维持消费，而不是纠正经济基本面的失衡。