Skip to content

hussibhoa

Hunter Huss IB Readings

In 2008, both General Motors and Chrysler were facing bankruptcy. President Obama initiated a bailout procedure where these companies borrowed billions of dollars from the government in order to stay afloat. Read the following articles, cite, and take a stand on the question “Is the government justified in helping private businesses? If so, when are they and when not? If not, then what happens to the unemployed and collapsed business investments?”

Background

http://www.latimes.com/business/autos/la-fi-hy-gm-bailout-cost-20131209,0,1973037.story#axzz2n5jgDXrd

Oppose:

http://reason.com/archives/2008/09/25/the-case-against-the-bailout

Favor:

http://www.hybridcars.com/did-the-gm-and-chrysler-bailouts-do-america-a-huge-favor/

Advertisements

%d bloggers like this: