They tried the "hand's-off" approach after the 1929 stock market crash and
they got the Great Depression. Any economist today will tell you that doing
nothing is going to guarentee not just a severe recession but a depression
That is why Congress signed off on the 700 billion financial bailout of all
There is nothing wrong with bailing out an industry that in normal economic
times would be profitable. The trick is figuring out if the industry your
bailing out WOULD be profitable if the economy hadn't tanked. Unfortunately
what has clouded the auto bailout debate are the legions of people who years
ago bought a car and something went wrong with it and they now see this
as their chance to "get even" with the automakers.
If this was Japan and the subject of bailing out Toyota was public
there would be equal venom from some quarters to keep them alive. It is
simply that everyone who has ever owned a car has felt it wasn't as good a
deal as it could have been for them. Cars are products people love to hate.
Of course, being a girl I don't expect you to understand anything about
this anyway. Why don't you go back to Target and buy some dresses
"Most of you" were still buying their products, up until last year. If this
really was an issue then after 911 the GM "0 percent interest" would have
been a marketing flop.
Why? We know perfectly well that Sarah is a man. He/She basically
admitted it already. It's just another pseudonym for a longtime poster.
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