That story is a bit odd, it assumes that we didn't lose tax revenue. Yet we spent more on the bailout than we received in tax revenue. The net gain in tax dollars would have been greater without the bailout. Plus there are x amount of cars sold each year, another company would have picked up those sales.

It's like if your wife goes to the store and buys three lamps 100 %50 off on sale that you didn't need. Sure she saved a $100 on lamps, but you already had lamps and would have $200 in your pocket.