Originally Posted by
SnakeBlitz33
http:///forum/post/2952542
I agree that we are digging ourselves deper and deeper. IF we didn't bail out the "big 3" car companies what would have been lost? Yes, a few thousand job, but the car companies would have downsized to what the American public could afford.
IF business goes well, then you increase the size of your shops to produce more goods, if business isn't doing well, then cut your losses.
Bailouts just add to the problem.
The ripple effect would probably add somewhere around a million jobs to the casualty list.
I don't believe FORD would fail though. Actually, FORD could potentially prosper without GM & Chrysler.
That bailout was peanuts compared the $2,000,000,000,000 already thrown at the economy though.