Quote:
Originally Posted by streak_56
Personally, I think this all comes back to propaganda. Follow me for a second...
The American government throws billions of dollars into a failing industry to try to kick start it. (Again)
If people see that the government has confidence in industry, then maybe they'll invest money back into the economy.
The big 3/Auto Industry could be the cornerstone to people believe in the economy. (Ideally)
Realistically, as Deltona Couple said above, there are people behind those companies. Think of the cost of all of those people getting laid off, collecting welfare and out of work? Is the Billions of dollars given to bail them out worth it? Especially since you don't know how long the auto industry could get back on its feet.
Its just a bunch of bull to me, simple economics... you build bad products, you don't stay in business. Although I live north of the border, the gov't is thinking bailout too for auto companies to keep workers here. I'm trying to work my ass off to get myself ahead and finish my apprenticeship. Skilled labour... thats how Canada, and the US are going to rebuild their economies. Same principles that people believe that both our countries are built upon, honest, hard working people at the base of a business and good leadership at the top.
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Well the American tax payers threw money into Chrysler back in the 80's and that seemed to work out alright- least for a 1/4 century or so. I think it all goes back to making products people want to buy. IMO, folks like DC above (who I assume works at a dealership,) have been getting screwed by management for years. The whole business model appears to have been "what ever we build they'll buy." Hasn't really worked out so well. Now dealers are closing their doors and production lines are closing down. The people working those lines and at those dealers didn't decide to build vehicles few people wanted.