That's the trouble right there. Boeing are a lobbying organization that can't build functional airplanes but market incentives are aligned so that they receive bailouts anyway and can continue without serious internal reforms. You should lose your shirt over Boeing. It's not that the engineering expertise were lost if Boeing went belly-up, new companies would form. Consider Space X - Elon Musk built a rocketry company from nothing. The market needs to learn where the limits are.
Sadly they will get bailed out. Look at what happened in 2008? They tried to send a message by forcing Lehmman into bankruptcy and that affected the entire citizenry. It seems to me they have realized that they have to bail everyone out or else we will all be affected.