The most compelling argument for bailing out the US Automakers is that if we don’t do it, we’ll lose a ton of jobs. Anywhere from 100,000 to 3 million depending on how bad things really are, or how susceptible you are to being scared shitless by the media.
If thats the case, why are we sending the money to the top of the foodchain if all we care about is that it trickles down to the workers?
It seems to me that if all we care about is making sure people have jobs, there are a lot better ways to spend that bailout money. How about infrastructure? Fixing our dams, highways, bridges, building new subways and high speed rail lines, and creating a new energy infrastrucutre that is able to carry energy from solar and wind farms all sound like good places for ex-auto workers to end up.