GM will not have to do anything to stay afloat but the bare minimum that the government requires them to do in order to get government money. GM has become a federal experiment and the government will pump whatever money they need to pump in order to not let it fail. If they let GM fail, they are letting their ideology fail and they will not allow that. It's pretty sad but when you have the government firing and replacing CEOs of private enterprises (especially when it has been made clear that the biggest issue is not with their management as much as it is with their Union deals) you can expect anything.
The sooner they can put in production some kind of "green energy" car, the sooner the government will subsidize that car and shove it down the taxpayers' throats. After all, the government knows what's good for you right?
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GM will not have to do anything to stay afloat but the bare minimum that the government requires them to do in order to get government money. GM has become a federal experiment and the government will pump whatever money they need to pump in order to not let it fail. If they let GM fail, they are letting their ideology fail and they will not allow that. It's pretty sad but when you have the government firing and replacing CEOs of private enterprises (especially when it has been made clear that the biggest issue is not with their management as much as it is with their Union deals) you can expect anything.
The sooner they can put in production some kind of "green energy" car, the sooner the government will subsidize that car and shove it down the taxpayers' throats. After all, the government knows what's good for you right?