Why is the auto bailout justified?
i have to do a debate for english on the auto bailout and i dont really know what its about, it was just assigned to me. i have to come up with seven arguements on why the government should bailout the automakers. help? pleasseee.
Asked By: mybirdiesings - 11/18/2008
Best Answer - Chosen by Asker
Ten million jobs will be lost within a few weeks if the auto bailout doesn't happen. The loss of those jobs will push the US economy from a deep recession into a deep depression. The words sound almost the same, but believe me if we move from the one to the other you will know the difference... More
Answered By: dolphin314etc - 11/20/2008
Additional Answers (5)
They shouldn't be bailing them out. Sorry, but there just aren't any valid reason why we need to reward poor behavior using my tax money.
Answered By: joannab3 - 11/19/2008
NO, the heck with those SOB's, nothing but greed. They could have made a better quality, more fuel efficient vehicle for years but didn't, why should tax payers foot the bill, I don't agree.
Answered By: Tappa - 11/19/2008
1. Auto Industry employs millions of workers... More
Answered By: tony_daluga - 11/19/2008
yes if congress does not approve money for the auto industry 3 million people could be unemployed. that means higher taxes to pay for all the unemployment insurance and banks will have to foreclose on houses because they cannot pay off their mortgages, which means higher interest rates. I do not believe in rewarding... More
Answered By: Rami B - 11/20/2008
Unfortunately for you, there are no reasons to justify it, so you are on the losing side. It is sort of like you are in a debate where you have to argue that the world is shaped like a cube. Yoou would have no facts to support your position.
Answered By: don1862 - 11/20/2008
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