Should the Government bail out the car companies

Absolutely not.

While it will save jobs in the short term, it does huge damage to the economy in the slightly longer short term to midterm to long term.

The problem is that if you prop up the weakest company, you jeopardise the future of the next weakest company that may be able to recover if the weakest goes out of business and leaves the market open to the next weakest to increase its sales.

While we feel sorry for those who would lose their jobs, we should feel sorrier for those who will lose their jobs because of the government interference.