Question

Why does President George W. Bush state that he cannot allow the auto industry to collapse?

Companies should never be allowed to collapse.

The collapse of a major industry would make the recession worse.

Allowing the car industry to collapse would slow consumer spending.

Answer 1

"The collapse of a major industry would make the recession worse."

Bush argued that letting the auto industry fail would cause massive job losses, disrupt many suppliers and related businesses, and deepen the economic downturn.