I agree.
To me, it makes more sense to bail out manufacturing enterprises than the fiinancial companies, although I'm not a fan of bailouts, and I don't know that our country can afford to (or not to) bail out anyone...
I'm just very afraid that if the auto industries go down, many other peripheral industries will as well.
You said — “I’m just very afraid that if the auto industries go down, many other peripheral industries will as well.”
Yeah, and many people don’t realize that the American public is going to “vote” regarding their *own personal circumstances* — and not regarding “esoteric economic philosophies” on an Internet board. In other words, they’re going to go for what helps their own families *right now* in keeping working and keeping a job and keeping their own bills paid.
No one is going to want to “take a hit” (and their family being severely impacted) because of some economic philosophy. That’s not how people vote...
And, with the auto industry such a *major* component of the overall economy of this country, anyone who wants to *sink the auto industry* will end up sinking this country, instead...., unfortunately...
One more thing..., regarding a comment of yours...
You said — “I don’t know that our country can afford to (or not to) bail out anyone...”
Well..., I see that our country has *bailed out* foreign interests, on behalf of our “foreign policy” and on behalf of “freedom in the world” — with respect to Iraq and Afghanistan.
The way I look at it — is — figure up how much we’ve spent bailing out foreigners and all the money that we’ll spend for *their country* — and, at least, spend that much here, “bailing out” whatever and whomever is going to need it in this coming Great Depression...
We should spend — at least — an *equal amount* for our own companies and our own citizens —as we spend on *foreigners*....