Thursday, November 13, 2008

In the news: November 13, 2008

This is very tricky to answer to. I think that since GM is such a big company the government should save them, because if tehy don't so many people will loose their jobs and that will affect so many people and also the government. So by saving GM, the government can make it easier for themselves in some ways. But at the same time I think it would be unfair if the government saved GM. Because then, they would have to save other companies as well.
I think that if GM fails that could definitly affect other companies. Both in good and bad ways maybe. In bad ways because people would get afraid of putting their money into a buisness that is very unsafe and stop buying new cars. But in a good way maybe, because then they would loose one of their opponents, and they would get the chance of selling more cars.
It's also hard to say if the government should try do save other companies instead of saving GM. Is it better to save a big company and let smaller companies down, or is it better to let GM down but save more, smaller companies?

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