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Re: Should the government bail-out include domestic automakers?
Some talk about the automakers are some recent development.
Most of us in America have benefited from the overpaid union workers in both salary, benefits, working conditions, etc so I just do not write them off so simply. I am not justifying them but reflecting the importance in the American economy. As the US mfg economy drops, if there are no one earning money except through services off others, there is much less of an economy.
For example, detailers leave solely as a servic of normal job earning people and cannot detail cars if no one can buy a car which means detailers do not make money. It is an inter related cycle that causes the entire economy/country drop in GNP. As you often find, you cannot get to where you want with any given situation. Yes, all want things better in one way or another but just saying let them fail seems like wanting the worst for us.
I would like to see some partial assistance but I do think the unions have to not get paid anymore than other non-unionized competitors including retirees and have execs work for free under contract for next 5 years.
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Al
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