Detailed text transcripts for TV channel - MSNBC - 20131211:02:46:00
If the government had decided not to bail out gm in 2009, it would have cost the u.s. economy almost 1.9 million jobs that year and the next. lost tax revenues, up employment revenues for those 2 million unememployed people would have add another $40 billion in costs to the taxpayers, so we can see now this retrospect that was 2469s the choice, don't bail out gm and it will cost you $40 billion or do bailout gm but it will cost $10.5 billion. since since the bailout, gm has now been profitable for 16 straight quarters, and it's thinking about paying a dividend to it's stockholders because of i...
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