They need a basic lesson on economics.... Umployment rate is probably the one metric that government looks at most attentively, no government will let it go up unless they cant help with it. If GM fails, the economical activity it brings would also cease, people lose their job, the people who serve those people would also suffer. They will stop paying their debt and mortgage, and government will lose their tax revenue. They economy is likely running into a halt, and social services and new investment take years maybe never to begin to be profitable. How could people think the, bailout is wasted is really baffling, it surely isn't, it is life saving..
