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Author Topic: European Car of the Year! [Locked]
theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
Elocism posted:

add 'taxpayers' to that list



The taxpayer cost of multiple large companies being liquidated and hundreds of thousands losing their job at a time when there was no demand for workers to soak up some of those newly unemployed, would have been staggering and would have continued for many many years. Dwarfing whatever the loss on the auto bailout ends up being.


Choosing to ignore that potential loss doesnt make it go away. Taxpayers made out pretty well on this deal considering the alternative.
Snarf_Igraine  2 stars
Posts: 258
Registered: 2003-12-13 14:36:34
I love efficiency, technology, and affordability, I drive a Prius! I would not buy a volt, I would rather have a Ford Focus hybrid that that overpriced and inefficient Volt.
Elocism  3 stars
Title: Pseudonym
Posts: 787
Registered: 2002-5-3 01:50:00
theredkay1 posted:

Elocism posted:

add 'taxpayers' to that list



The taxpayer cost of multiple large companies being liquidated and hundreds of thousands losing their job at a time when there was no demand for workers to soak up some of those newly unemployed, would have been staggering and would have continued for many many years. Dwarfing whatever the loss on the auto bailout ends up being.

Choosing to ignore that potential loss doesnt make it go away. Taxpayers made out pretty well on this deal considering the alternative.



you have absolutely no idea if that would have been more expensive to the taxpayers

 

-----signature-----
you are broken now
but faith can heal you
just do everything i tell you to do
paulg_68  4 stars
Posts: 2,469
Registered: 2009-7-27 18:45:54
The only people buying Volts are people who would rather waste money than admit the Democrats made a mistake. Either that or they're companies buying Volts as fleet vehicles using money they got as corporate welfare from the Democrats.

 

-----signature-----
If you wish to make an apple pie from scratch...
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reesescups  4 stars
Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
Elocism posted:

theredkay1 posted:

Elocism posted:

add 'taxpayers' to that list



The taxpayer cost of multiple large companies being liquidated and hundreds of thousands losing their job at a time when there was no demand for workers to soak up some of those newly unemployed, would have been staggering and would have continued for many many years. Dwarfing whatever the loss on the auto bailout ends up being.

Choosing to ignore that potential loss doesnt make it go away. Taxpayers made out pretty well on this deal considering the alternative.



you have absolutely no idea if that would have been more expensive to the taxpayers

 

-----signature-----
"man up, you wimp." - Groucho48
"I'm not racist at all." - dae_trist
theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
Elocism posted:

theredkay1 posted:

Elocism posted:

add 'taxpayers' to that list



The taxpayer cost of multiple large companies being liquidated and hundreds of thousands losing their job at a time when there was no demand for workers to soak up some of those newly unemployed, would have been staggering and would have continued for many many years. Dwarfing whatever the loss on the auto bailout ends up being.


Choosing to ignore that potential loss doesnt make it go away. Taxpayers made out pretty well on this deal considering the alternative.



you have absolutely no idea if that would have been more expensive to the taxpayers



http://www.cargroup.org/pdfs/impact.pdf


This estimate says no bailout would cost taxpayers around $32 billion (decreased taxes and increased unemployment/medicaid payments) in 2009 & 2010. Additional costs would have been added in 2011 and 2012.

Make up numbers yourself if you want...when you start with 500,000 to 1 million taxpayers and start estimating lost tax payments the numbers add up very very very quickly.


ed- this was an unquestionably hard and unpopular decision to make...but it was pretty obviously the right one.
Elocism  3 stars
Title: Pseudonym
Posts: 787
Registered: 2002-5-3 01:50:00
lets say that nonprofit based in MI had no ulterior motives. lets say it would have been that expensive

i accept the role of the federal government to help those that cannot help themselves. i do not accept the role of the federal government to help companies that are awful

 

-----signature-----
you are broken now
but faith can heal you
just do everything i tell you to do

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