In the videos from last unit looking at the 2008 financial crisis [Economic Meltdown of 2008] Paul Solman presents the economic decisions President Obama and his team had to make in the situation. In the end, the Obama Administration provided bailout funds for the banking and car manufacturing industries - thereby picking winners and losers and inching us closer to a "command" economy.

In a paragraph, respond to the question:

Was it wise for the government to keep these failed businesses alive?