While these stats can't be measured, they sure aren't just pulled out of thin air like some of you suggest.

The actual report with references is here:
http://www.cargroup.org/pdfs/bankruptcy.pdf

Seems like most people would be more happy if the economy were allowed to slump deeper into a depression. While you may not be able to quantify exactly how many jobs were saved, it takes a serious lack of understanding to think that the economy would be better off now had GM and Chrysler both been allowed to collapse. Do people really think that this was the more expensive road for the taxpayer to take? If so, what data/information are you basing that opinion on? Data supporting the argument is posted above.

 

 

Just look at the airlines to realize a normal bankruptcy is not the end of a company or jobs. Same thing would have happened at GM and Chrysler. The only difference I see is the unions might have not survived the bankruptcy.

 

I dont disagree with that, I used to have a ****head roommate I should have stomped into a bloody mudhole after finding out the bastard used to pay in extra to pad his refund at the end of the year while consistantly coming up short on his end of the obligations.