And Michigan? I think it borders on conspiracy theory to suggest that, on the precipice of a large depression, no bailout would have been issued to save a 3 million job industry had those jobs been centered in red states.
"family farmers in all the deep red states"
There are no family farmers anymore. Let me rephrase that, there are almost no family farmers anymore. This has nothing to do with them being from red states (trust me, farmers in Hawaii get screwed by Monsanto just like everywhere else) and everything to do with there not being many of them.
Michigan is a swing state too. And the auto industry didn't fail because of the recession. The recession was just the last straw. They've been slowly dying for decades as a result of strong competition from foreign competitors. But that's the case across all traditional manufacturing industries. Why did we bail out General Motors but not any of the companies that used to make all the Walmart inventory that now comes from China?
>There are no family farmers anymore.
Because the Department of Agriculture and the president's veto pen had no incentive to care when they were being destroyed.
Never said it did.
"Why did we bail out General Motors but not any of the companies that used to make all the Walmart inventory that now comes from China?"
I already explained because the auto collapse came as we were staring down the barrel of a huge depression. It would have been a devastating shock to the economy to have an industry of that size collapsing suddenly added to the other problems.