Bailouts never solve anything. It makes problems worse, since businesses doesn't have to adapt to survive, meaning that in a couple of years time the same situation will arise once more, most likely worse than now. And that isn't specific for the auto industry, it applies to everything. Yes, a lot of people will lose their jobs, and no they won't be saved by a bailout. Not in the long term.
In order to solve the problem you need to cure the root cause of the decease, not treat the symptoms.
In order to solve the problem you need to cure the root cause of the decease, not treat the symptoms.