Bailouts for the banks are one thing... it wasn't the loss of a bunch of banking jobs that they were worried about, but, rather, a wholesale collapse of the banking system, which could lead to total economic collapse.
Bailouts for consumer goods producers is a whole other ball game. It will lead to regional unemployment, but from an economic perspective, there is no point producing surplus goods that nobody wants. It is an industry that has needed restructuring for almost 30 year now, and a failure of one of the major carmakers will actually have positive long term economic consequences.
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