Bailouts don’t save jobs: Amihai Glazer

The federal government is spending close to a trillion dollars in bailouts to firms.
Even that has avoided massive economic pain: a recent job report showed employment losses of 20.5 million in April alone, and unemployment at 14.7 percent, far worse than during the Great Recession of 2008.
Among the firms that got the money were the Lakers (almost $5 million, which they later returned), and a Dallas group of publicly traded hotel companies, which got $126 million (though these firms a