When did it become okay to go to the government bailout line the minute business got bad? In the past, make a bad business decision, pay the price, which might even mean closing doors.  With modern day economics, some would lead us to believe that there are companies out there too big to fail.

Some of you still remember the internet bubble and subsequent popping of that bubble almost a decade ago.  My own company closed its doors after some of our “new economy” customers lost their funding, resulting in non-payment on millions of dollars already spent on web development.  We paid our employees and vendors the old fashioned way – we sold assets, clients, and took second jobs to make sure that we paid every dime owed.  Ultimately, we closed our doors, but not one vendor was left without payment or a guarantee of payment.  That’s how business used to be done.  It never once occurred to us to ask the government to bail us out of our problems, and I don’t remember any other company getting a bailout either.