Look Who is Back on Top

I am a little late on this, but this headline about Bank of America, Ciitgroup, and Goldman-Sachs now making significant profits gives me pause. We were told that these groups needed bailouts because without them the economy would collapse and by helping them we will help the economy get back on track. But as the banks seem to be more than back on track, the economy is still declining. I cannot help but feel angry as people who made bad decisions are again reaping huge profits because of government help yet the rest of the economy is still struggling. Maybe that bailout money would have been better spent providing a bigger cushion for those affected by the economy - those losing their jobs or having their hours cut.

Granted, I should try to be more reasonable. The bailout likely prevented a serious economic collapse. But it just feels wrong that the banks are back to doing so well while everyone else is still struggling. That those who need the money the least are once again making it, while those who need it the most have yet to get back on track.