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Mostly massive cuts, and giving up stuff. GM and Chrysler needed to go bankrupt. Ford, meanwhile, did great and emerged leaner and meaner and more profitable. The economy? We are turning around. You don't turn a major recession around in a few months and make it all gone. It started turning around under Bush with his very late bailouts, and is continuing. The only arguments I've been reading from economists lately is that the stimulus plans were okay, but not enough to really make an impact on jobs. Hindsight is 20-20 in the financial world, however, now some wish the stimulus' were even more aggressive.
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