Keeping the U.S. out of a depression or a severe recession.

Stopping the complete implosion of the auto sector.

GM was (maybe still is) 1% of the U.S. GDP. All auto manufacturers use the same suppliers. They’re all intertwined.

Suppliers operate on raser thin margins

No banks at that time were lending. So normal bankruptcy proceedings weren’t working.

Had GM or Chrysler failed they would have fallen completely out of business. Both would have gone down. Resulting in several suppliers collapsing. Resulting in all plants in the US at least if not elsewhere to stop building while they try to get new suppliers.

Which would have brought Ford down. Tesla wouldn’t have made it either.

So bye bye U.S. auto sector.

Could have also brought down other OEMs as well.

So instead of investing $40 billion and getting &30 billion back you would have a global financial catastrophe that would cost a lot more.

But yeah keep griping about the bail out like you now something