Deborah Lucas

That's a great question.

To some extent, they get paid back.

It's all done.

And both the company and the government moves forward.

But in fact, there are some lasting effects.

Economists are particularly concerned about the bad incentives that bailouts can create.

If banks know that if they're large enough and they get into enough trouble, the government is going to feel it has to bail them out.

Well, then it becomes to their advantage to take more risk because if they take risk, they get the upside.

The government gets the downside.

So that's not a good situation.

And so there's a lot of concern that if there's the expectation of bailouts, it's going to change the behavior of those institutions going forward in a way that isn't good.

So that's one concern.

Another concern, though, is that, in fact, the government won't let go, that it won't get out of the way of the company going back to the private sector and doing its normal job.

An example of that...

From the 2008 crisis was what happened with Fannie Mae and Freddie Mac.

They were taken into conservatorship.

And ever since then, the government has essentially owned them.

It's 18 years later.

In fact, right now, the Trump administration has...

suggested that now might be the time to reprivatize them.