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Originally Posted by Digital_Trucker
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Originally Posted by DeepIron
It's a sad fact, but the auto industry in the US is one of the largest manufacturing and retailing segments in the economy. Frankly, we can't afford to have that large a section of our workforce laid off and drawing unemployment.
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You got that right. Even if you just count the employees of the big 3, then you've got a large chunk of manufacturing left in this country. But when you add all the contractors that make auto parts for them, you're talking about a huge chunk of the work force spread all across the country. I don't like the idea of rewarding bad management with a bail-out either, but I'd hate to see what it would be like for everyone involved in the auto making business looking for work at the same time. |
And that is the reason Washingtons hands are tied!!!! The automakers know they have tied up Washingtons hand and can do much of anything they like. So, this will pass and the automakers will be back next year with hand held out. The cycle continues.