The issue here is that sometimes the companies are so big that if they fail the economic ramifications are worse then providing a bail out package.
Take GM, hundereds of thousands of jobs, thousands of parts suppliers, total job losses could be in excess of 2M. That's 2M less people paying tax, 2M less incomes driving the economy and 2M more people on social security.
Sometimes it's the lesser of two evils.
Take GM, hundereds of thousands of jobs, thousands of parts suppliers, total job losses could be in excess of 2M. That's 2M less people paying tax, 2M less incomes driving the economy and 2M more people on social security.
Sometimes it's the lesser of two evils.