Would those jobs really be lost? How many other profitable automakers would have hired at least some of those workers? How many properly run companies would have bought or leased some of the facilities? There are as many unknowns there as there are knowns.
You cannot state that another 500,000 jobs would be lost and leave it at that. That too is as simplistic as my statement. Take into account the BILLIONS that company was given as a bailout and how much potential good that could have done as well as helped innovation in other areas. Not that anyone suggested that or it would have happened, but there were other options. Heck we still don't know if those jobs aren't going to be lost anyway. We may have just thrown away billions and just prolonged the problem. GM still sucks and so does Chrysler.
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"like strapping a pillow on a bull in a china shop" Bullitt
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