Government is essential, I never disputed that. However it's only essential up to a point. That point is to provide stuff that the private sector cannot provide, like national defense, judiciary, the police. In fact, even the police can be outsourced if we do it carefully. Postal service can be outsourced, as done in the UK. Minting money can be done privately, like that in Hong Kong. Educaton definitely can be outsourced, like charter schools and private schools have shown.
So the auto bailout is to save "parts suppliers" and their jobs? I can say that about the banks. Banks touch more lives than cars. Our financial system involve more people than auto industry. But they are demonized because bankers and their workers don't have unions.
By the way, what did the GM bond holders get in the bailout?



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