You want stimulus spend on a company in ruins that still does not change - and thus sink all the money in an economic grave? They build cars that do not sell globally, and they did like that for too long. Now they are a ruin - and you expect they could just continue like before, and degrade from ruins into ashes - and even spend tax-payed help packages for this crematorium?
And they pull others like Opel into the Abyss as well, alongside with them.
Even with this job-cut it is absolutely uncertain that they could be saved. There have been experts in economics with a much higher credibility than me
who also have declared the US carmakers a dead body in the water in recent months.
This is not the fault of state intervention, Lance. It is also not the fault of the Democrats. And Obama is not the one to blame. Blame the disconnected managers of GM who dreamed bad dreams for too long. they made the policies and decidedabout the type of cars to build that ruined GM.