I don't know about this being the governments' "only" get out of jail free card. When you have a deficit of $800 billion or so, it seems like it is always easy to find a few more billion when it's needed.
Who was it said "A bilion here, a billion there, pretty soon you are talking about serious money"?
Seriously, do you think the government would nationalize an auto manufacturer like they just effectively nationalized a couple of major banks? Even socialist countries like England de-nationalized almost all of the existing nationalized industries over the past 25 years.
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