does the multiplier effect apply to the money the government lent/gave to the banks? or was it just replacing bad money?
maladroit Reviewed by maladroit on . general motors issues thanks/explanation/apology letter GM'S COMMITMENT TO THE AMERICAN PEOPLE We deeply appreciate the Congress considering General Motorsâ?? request to borrow up to $18 billion from the United States. We want to be sure the American people know why we need it, what weâ??ll do with it and how it will make GM viable for the long term. For a century, we have been serving your personal mobility needs, providing American jobs and serving local communities. We have been the U.S. sales leader for 76 consecutive years. Of the 250 Rating: 5