Here is the synopsis of our sample research paper on Why the Auto Bailout Is a Bad Idea
. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 3 page paper argues that bailing out the auto makers is a bad idea, for many reasons, but primarily because saving them in this way will not force them to rethink the way they do things, which could lead to more problems very quickly, when this money runs out. Bibliography lists 5 sources.
Page Count:
3 pages (~225 words per page)
File: D0_HVnoauto.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
industry not fail, they were incensed when they found out that the people getting the money were in most cases the same people who had gotten themselves into the mess
in the first place. They were also furious that there was no oversight about how the money was spent. It therefore seemed like a bad dream when the taxpayers
were again asked to foot the bill for another bailout, this time of the auto industry. Although much more modest in size (the final amount was $15 billion), polls show
that nearly three-quarters of all Americans oppose this second gift. This paper argues that the majority is right and this gift to the automakers is a bad idea. Discussion The
Motley Fool, a multi-media investment company, laid out ten reasons why the bailout is a bad idea, and its helpful to start with their observations. First, the money from the
bailout would only mean survival in the short term and would do nothing to "alter carmakers flawed business models" (Ten reasons why the auto bailout is a bad idea, 2008
- hereafter "Ten reasons, 2008"). The money being proposed would only last five months at the current rate of expenditures, not enough time for a car manufacturer to restructure and
learn a new model; it would simply come back for more money when this is gone (Ten reasons, 2008). Second, giving the carmakers money would allow them to "avoid necessary
cost cutting" (Ten reasons, 2008). The unions are overpaid and so are the executives; salaries have to be lowered and giving GM in particular money would not encourage them to
do this. Third, declaring bankruptcy "isnt all bad"-it doesnt mean the company will disappear, it means instead a fresh start and it would force the companies to take "the painful
...