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Argument: Financial bailout was far more important than auto aid

Issue Report: Bailout of US automakers

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“Saving Detroit”. Economist. 13 Nov. 2008 – Banks qualify for help because the entire economy depends upon their services. They are vulnerable to sudden collapses in confidence that can spread to other banks that are perfectly solvent. A good car company does not face the same threat. And although Detroit employs a network of suppliers, which would suffer if production shuts down, nothing would sap a recovery and job-creating enterprise like locking up badly used resources in poorly performing companies.