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Re: Should the government bail-out include domestic automakers?
Quote:
Originally Posted by MotorCity
Simple numbers: "Our model estimated that a complete shutdown of the Big 3 U.S. production would have a major impact on teh U.S. economy in terms of lost wages, reductions in social security receipts, personal income tax paid, and an incres in transfer payments"
"the government stands to lose on the level of $60 billion in the first year alone, and the 3 year total is well over $156 billion"
Hmm, provide a $25 billion BRIDGE LOAN or spend $156 billion.....seems simple to me!!!
Read the full report
http://www.cargroup.org/documents/CA...ember42008.pdf |
No kidding. Too bad so many minds are closed to this. A lot of keyboard jockeys that think they know better than everyone else.
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Never argue with an idiot. They drag you down to their level, then beat you with experience.
Outside Sales, Out of work over a year and counting...
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