| Zappykins said: Yes, and I forget the exact number. But it's saved many, many, many more jobs that even it thought it would. Turns out saving GM was a very good thing for the USA. (Still wish they were forced to bring back the EV1 - with today's tech it could be even better!) I don't know enough about Japan's politics to speculate. It sort of depends on who you know and who likes you at the time. |
Yeah it saved close to 1 million jobs in the US! And although I just read that it lost the government $10bn, the overall result was positive since those workers who would've lost their jobs would have had to have received unemployment benefits plus the government would lose all that tax revenue from them, and the overall effect on the economy would be negative due to lower consumption and lower taxes leading to lower gvt spending.
In the case of Japan, I think saving Sony for $16bn is worth it if you will save 140,000 jobs. I mean the Japanese economy is already stagnant and hardly growing. The only problem would be with the Japanese gvt. gigantic debt and if they could afford saving Sony, but I mean $16bn is not that much... I think its a bargain :D
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