Why I HATE Government Intervention: Government Motors

The government bailout of GM has cost taxpayers over $16 BILLION so far, and more each time the stock drops further. If you capitalize that cost over 20 years and the number of cars GM will sell this year (about 40,000) the subsidy per car produced would be a staggering $50,000 each. And GM won't last 20 years, it will be bankrupt again in a very few years.