Yet these huge subsidies to manufacturers are rarely added to the social cost of industrial bail-outs, such as those that Mr Obama praised for GM and Chrysler even though Chrysler had been bailed out twice already in its recent history. If you do add them, and compare their sum to the total social cost of the financial crisis, the picture is no longer one of unabashed mollycoddling of the financial sector and neglect of the manufacturing sector.
^^^^^ CB: Ok add up the Wall Street bailout. What was it ?
It was FT that reported the Wall Street Bailout as 12 trillion dollars.