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Originally Posted by flamesfever
In your statement "create programs that create training and new jobs in new sectors", what programs and sectors are you thinking of?
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I would rather see them invest heavily in long term renewable energy sources than dump money into a company who is not economically viable just for the sake of saving jobs.
Put all those people to work making windmills, solar panels etc for the money you would have paid the automakers. Still has the same result of saving jobs, but without needing to be the safety cushion for a set of large multinational companies who can't seem to manage their affairs properly.
Unless the goal of these proposed bailouts is for some reason other than saving jobs, I don't see there being a point to it. Of course I slept through Econ 201, so what do I know.