Dog,
The bailout wasn't just for American car companies.
Yet, that's the only segment you mention in your post.
Let me be clear: I recognize the short term bump in auto sales. You don't need to keep repeating the number.
My point concerns the long term.
If people need GOVERNMENT money (a misnomer unto itself) to purchase a vehicle today, why will they suddenly not need this stimulus tomorrow?
If this is a one time boost to sales, how does this help at all?
Your "Yeah Obama" response ignores the long term. But that's par for the course from his supporters.
We want change. We want it now. Who cares about tomorrow?
Let's say your dry wall business is slow.
If your local government gave out incentive checks to remodel homes then you'd likely see a temporary boost in business.
But at the end of the program, the towns people get hit with higher taxes. Then then can't afford any more remodeling, so your business suffers even more.
What did the incentive program do?
It gave you a short term boost in business.
Bravo.
But I am missing one important point:
If we continue down the road that Obama is leading us on, maybe one day the government WILL have its own money.