|
Lost income tax revenues, pension liabilities, increased unemployment compensation, foreclosures on home owners with upside-down equity, loss of value to stocks upon release high unemployment numbers, increased burden from people without health insurance, increased trade inbalance...
Those are some of the certain costs of GM failing - those events are a certainty.
Any way you slice it, its still sh_t pie. If you bail them out and they survive - its a huge win. But if you bail them out and they fail, its an even worse loss.
|