+1 for CEOs suck but so many workers should not have to suffer unemployment. I think limited, monitored assistance on the conditions that they stop making giant cars for soccer moms.
Let's talk sternly to the owners.
+1 for CEOs suck but so many workers should not have to suffer unemployment. I think limited, monitored assistance on the conditions that they stop making giant cars for soccer moms.
It would be unfortunate that thousands of people would be out of work. Unfortunately, it will a cause a ripple effect with their suppliers not being paid and ultimately these people would also lose their jobs. It's an endless cycle.
I'm very much in favor of the bailout. I'll admit I'm biased, my dad worked for Ford for 30 years and I don't want to see him lose him pension or his insurance nor do I want to see anyone there lose anything.
I'm very much in favor of the bailout. I'll admit I'm biased, my dad worked for Ford for 30 years and I don't want to see him lose him pension or his insurance nor do I want to see anyone there lose anything.
In short, letting the US makers fail would be good for the economy, not bad. This would be the case whether they close their doors completely or emerge from bankruptcy as one or more companies who can succeed in making cars that will sell. Either way, consumer wants will be better satisfied and everyone will be wealthier as a result.
What's interesting to me is that ~50% of the country seems to think that the big 3 shouldn't get a bailout and just fail. If I was CEO of one of these companies this would frighten me more than not getting any money. Is their image (e.g. image of the US automakers) that bad?