Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor? [View article]
The biggest problem is trying to keep the status quo. Let the companies fail and give the money to those who are hurt by the failure, like those who have insurance with AIG.
American workers would be happy to work for lower wages, if they paid for reduced costs of health insurance, health care, housing, gas and electricity, ect.
Keep in mind the buying power of the dollar has fallen to at least half of what it was when Bush took office. So $65,000 is really more like $32,000 in buying power.
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The biggest problem is trying to keep the status quo. Let the companies fail and give the money to those who are hurt by the failure, like those who have insurance with AIG.
Nov 11 09:19 am
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All Comments by Tao »Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor? [View article]
American workers would be happy to work for lower wages, if they paid for reduced costs of health insurance, health care, housing, gas and electricity, ect.
Keep in mind the buying power of the dollar has fallen to at least half of what it was when Bush took office. So $65,000 is really more like $32,000 in buying power.