1. The Effect of the Automaker Bailout on the US Economy
... economic spiral that would take decades to pull out of. Still reeling from the $700 million price tag of bailing out the banks, 61% of the American public does not want to bail out the auto industry, and no one is blaming them. The first checks written to the banking industry had no conditions attached, and were veritably squandered. After the public outcry, the reins were pulled in, but by then ... industry to compete, wages have to be pulled into line with what the rest of the country considers fair compensation. The unions have killed this country's manufacturing industry. Steel, ele...
- Word Count: 578
- Approx Pages: 2
- Has Bibliography
- Grade Level: High School