1. The Effect of the Automaker Bailout on the US Economy
... would be a big hit to the economy, not only from jobs lost in that company, but from all the jobs lost in the industries that supply them. If all of the big three shut down, nationwide, over 3,000,000 jobs would be lost. We have always thought of the auto industry as being based in ... Michigan, but in fact, suppliers are spread across 27 states. Over 1.1 percent of Ohio's work force would be put out of work, at a time when the ... state is already struggling. This type of job loss would roughly double the ... ready to take on any more debt for overpaid and irresponsible CEO's. But wou...
- Word Count: 578
- Approx Pages: 2
- Has Bibliography
- Grade Level: High School