Amazon.com Widgets

Bailout of US automakers: Is intervening in markets with a bailout justified?

  • A bailout of markets is justified.

    Yes, a bailout of markets is justified because they need help. If a market needs help, then the government should do something about it and help the market. All that needs to happen is spending a little money to help the struggling market. We should not have to suffer for our sins.

  • No, they were not too big to fail.

    No, intervening in the automakers was not justified, because the companies were small in comparison to the U.S. economy. People in the United States have a sentimental attachment to car companies. But the GDP of the auto companies was no bigger than the California Pizza Kitchen. The California Pizza Kitchen could fail and wouldn't hurt the country. The auto companies should have failed.


Leave a comment...
(Maximum 900 words)
No comments yet.