GM has put together an informational video of what it predicts will happen if the Big Three automakers all fail next year.
Some highlights:
-If all three fail next year it will result in 3 million U.S. jobs lost in the first year
-Total governement tax loss over three years = $156.4 billion
-The U.S. GDP would drop 4 percent, compare that to the fact that the current economic downturn was caused by a .3 percent drop
-One out of every ten jobs in the U.S. relies on the U.S. auto industry
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