This is what we can expect.

your words not mine.

 

Again, GM could have split, been sold, and many other options than getting a free handout from the US government.

 

and under normal economic conditions those options would have been more viable. as i stated in my previous post we are not talking about anything close to "normal."

 

You still haven’t really outlined anything.
The government took a selective role in saving certain businesses and jobs over others.

That is a failure in our system and should never happen. IF it was meant for GM to fail, they should have fallen.


The act of putting tax payer money into these companies is the act of socializing the economy.

 

We would have recovered and companies would know that they government won't bail them out. I think it was a mistake.

 

I didn't know I was outlining anything.

yes, the government took a selective role but how many other companies were party to or tied to 5-6 million jobs? losing gm would have put unemployment at 15-20% and in a hole that would have taken decades to recover from.

You continue to use reasoning that is only applicable when the economic conditions are "normal." These are not normal conditions. You know it, I know it, everyone with half a brain knows it.

 

We would not have recovered from their demise by now. Not a chance in hell that we could have given away 5-6 million jobs and recovered by now.

 

thats a big assumption, we would still be in the shitter

 

GM would not have ceased to exist. The jobs wouldn't all be gone.

 

Gm going under would not have resulted in an additional 6-12% unemployment.