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https://www.thebalance.com/auto-industry-bailout-gm-ford-chrysler-3305670
At the time of the bailout, the auto industry contributed 3.6%, or $500 billion, to U.S. gross domestic product. A 30% decline in auto sales translated directly into a 1% decrease in economic output. A 30% decline in auto sales translated directly into a 1% decrease in economic output.
https://www.freep.com/story/money/business/john-gallagher/2019/09/24/farmer-bailout-payments-china-trade-tariffs/2418676001/
Sep 24, 2019 · Trump's farm bailout has cost taxpayers more than double the auto bailout The U.S. government has been making direct payments to farmers for a …
https://en.wikipedia.org/wiki/Effects_of_the_2008%E2%80%9310_automotive_industry_crisis_on_the_United_States
Federal government bailout process and timeline. On November 19, 2008, there was a United States Senate hearing on the automotive crisis in the presence of the heads of Chrysler, Ford and General Motors. The auto manufacturers explained that they would need financial aid of $25 billion if they were to avoid bankruptcy.
https://www.huffpost.com/entry/bank-bailout-opinion-harris_n_1415647
In contrast, a slightly larger 45 percent think bailing out the auto sector helped the economy. The appetite for future bailouts is almost universally gone, with 84 percent of respondents opposing another bank bailout, 86 percent opposing another insurance-company bailout and 70 percent opposing another automobile bailout.Author: Mark Gongloff
https://money.usnews.com/investing/articles/2017-01-19/financial-crisis-bailouts-have-earned-taxpayers-billions
Jan 19, 2017 · Financial Crisis Bailouts Have Earned Taxpayers Billions The government's corporate assistance during the financial crisis has returned profits to …Author: Wayne Duggan
https://publicpolicy.wharton.upenn.edu/live/news/1779-a-reflection-on-the-2009-american-auto-bailout
Mar 22, 2017 · A Reflection on the 2009 American Auto Bailout March 22, 2017 In November 2008, Ford, GM, and Chrysler—the “Big 3” American automakers—asked Congress for $50 billion to stay afloat and prevent the loss of three million American manufacturing jobs.
https://knowledge.wharton.upenn.edu/article/auto-bailout-ten-years-later-right-call/
Sep 12, 2018 · The auto industry has occupied an almost mythical place in the American mind. From the time Henry Ford created the first Model T in 1908 and the first moving assembly line, cars were suddenly ...
https://en.wikipedia.org/wiki/Automotive_industry_crisis_of_2008%E2%80%9310
The automotive industry crisis of 2008–2010 was a part of the financial crisis of 2007–2008 and the resulting Great Recession.The crisis affected European and Asian automobile manufacturers, but it was primarily felt in the American automobile manufacturing industry.The downturn also affected Canada by virtue of the Automotive Products Trade Agreement.
https://en.wikipedia.org/wiki/Emergency_Economic_Stabilization_Act_of_2008
The Emergency Economic Stabilization Act of 2008, often called the "bank bailout of 2008," was proposed by Treasury Secretary Henry Paulson, passed by the 110th United States Congress, and signed into law by President George W. Bush.The act became law as part of Public Law 110-343 on October 3, 2008, in the midst of the financial crisis of 2007–2008.
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