michaelk

GM, Chrysler May Need 'Considerably More' Aid Than $21.6 billion - Treasury The bigger issue is the fact that taxpayers are spending money on supporting inefficient car companies when no other lines of business would receive that support. Granted, the industry employs a lot of people, but it obviously does so at a much higher price than in other countries. Even if they were to receive more money, it would again be of no use: no one wants what they're selling, and they would just need more to stay afloat later down the line. It's simple economics.