A $300 billion burden to the “safety net” would have been preferable to spending twice that in bailouts for union thugs.
A $300 billion hit on the safety net would sink it. In addition, if Chrysler and GM turn it around there is a possibility to recoup the money. That simply isn’t happening with that $300 biilion. Are you comfortable with eliminating the jobs that would go along with GM/Chrysler going nunder? Glass, tires, autoparts, mechanics, etc. Most of those are non union jobs. Your good with that?