Is the Federal Government Going to Bankruptcy?

Asn sme got to live out his economist dream steering the economic policy of the united states government in the middle of a financial crisis. So one of the problems you were asked to think about was whether the federal government should bal out gm and kreisler, who both heading towards bankruptcy. How did you approach that question? It's funny to look back now, by the 20 12 campaign, if you remember, mit romney ran on the platform that brocco bomba should not get any credit for bailing out the auto industry. And it was like, wolo, wait a minute. That's that true.