Has the government bailout worked? (companies, dollars, economic, states)

[Baldrick]

An article i found that i thought you might be interested in.

BBC News - Has the government bailout worked for ordinary Americans?

"The government bailout of the American car industry has largely been credited for saving two of the industry's most famous brands: GM and Chrysler. Billions of taxpayer dollars and major restructuring have helped revive the fortunes of both companies.
However, it has been a painful road to recovery. Plants have shut down and thousands of jobs have been lost and entire communities have been devastated."

[TomJones123]

No.

[Cleveland_Collector]

It should have been bigger, but anyone who states that the net effect was not positive is severely misinformed. One of the few things left and right economists agree on is the positive effect it had in shoring up major economic discrepancies and in halting up the recession.