Quote:
Originally Posted by Eliot Ness
The car industry is part of America and I can’t imagine this country without them. I sure don’t have all the answers but I don’t think we can let them fail.
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I guess the part of this that really scares me is that CitiGroup is laying off about 50,000 employees out of about 350,000. Earlier in this thread I stated that GM has about 70,000 employees...even if I'm comparing GM's US employment to CitiGroup's global employment, that means that Citi has maybe 3 times as many employees as GM? And they make NOTHING.
At least GM could take their excess capacity and make something...windmills, solar panels, electric cars, nuclear reactors...what tangible goods can those 50,000 Citi employees help our economy with? I don't know how making things became so devalued in this country.