TITLE

Bail Out GM

AUTHOR(S)
Flint, Jerry
PUB. DATE
November 2008
SOURCE
Forbes Asia;11/10/2008, Vol. 4 Issue 19, p101
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The article offers the author's views on the need of government-guaranteed loans by General Motors Corp. to keep the business running in the current economic crisis in the U.S. It states that a collapse of General Motors would bring a huge job loss and the U.S. would pay a price for this in several ways such as unemployment insurance, medical costs and the squeeze on schools because of tax losses. He opines that the U.S. needs to decide if it wants a domestically controlled automobile industry.
ACCESSION #
35416657

 

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