Biden says he understands resentment over bailouts

ORLANDO, Fla. (AP) – Vice President Joe Biden is telling AFL-CIO leaders that he understands the resentment of millions of unemployed Americans who begrudge the government bailouts of the banking and auto industries when they’re hanging on “by their fingernails.”

But Biden, in a speech Monday to the federation representing 11.5 million workers, added that the bailouts were necessary to prevent an even worse economic collapse.

via Biden says he understands resentment over bailouts.

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Filed under AFL-CIO, Bailouts, Big Government, Joe Biden

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