Note: I know this is a wierd post, so feel free to discount it.
I was just sharing a pie and got thinking.
They way I see it,
think of each company as a person, and the consumer as a pie. sitting around a table
each person needs a piece of the pie to survive, and the larger the better [if the piece of pie is too small, then the person will have to reduce the ammount they need, ie job cuts]
now since the downturn, the pie has gotten smaller and all these people can not survive on the pie, so naturally each person sheds what they can [downsizes] until they can all survive on a smaller slice or either can not shed enough to survive, and die of starvation.
Now, if you bailout a company [or add stimulus] you add another pie to table, the people can survive on the extra pie. But once the pie is gone, you are back to square one, and moreover the initial pie is smaller now. Not only is the initial pie going to towards the people on the table, but abit of it is going towards the extra pie [debt.]
so bailouts? they save jobs dont they?
or maybe the job losses are just hidden, 4 companies shedding 100 jobs or 1 company shedding 400 jobs.