Arguments to save the American Auto Industry

[nando]

i'm not even going to comment on most of your comments. As somebody that currently works in the auto industry, and is a fourth generational auto worker, I'll admit that they've made poor choices, had currupt ceos, pay high wages to those that don't deserve them, but letting them go bankrupt is a mistake. Lets think for a second what would happen to the usa's economy without them. We'd have what, over three million people without jobs? If they did go bankrupt and the little guys like us had to go through a 8-12 month plus pay halt, we'd cease to exist. Isn't america built on small businesses? If the company that we provide services isn't there then we're not either. In my opinion the gov needs to bail them out...they just bailed out a banking company anyway, so while they're handing out freebies why not?

Maybe if they stopped changing their car models every year it'd help? Changes need to be made, but a what cost? It does take awhile to turn such a large company around, and its not getting any easier with the foreign competition.

that's just it, they are suppliers for a product that nobody wants. they aren't producing anything of value to the economy, except that they take home paychecks and spend them. Only now that the cow has been milked dry, it's going to be left up to the government (and the rest of us) to pay.

There is no free lunch.