Tim H.

Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?

I work in a union. Not Auto workers. Soo hey full disclosure. But I want to ask anyone reading these posts a question. Is it the union's fault that the Big 3 did not develop energy conserving automobiles like the Prius? Is it the union's fault for the lack of imagination at the Big 3 in developing automobile's people want to buy? Oil is under $60 a barrel. We are in a terrible mess. People aren't just buying cars. Look what Best Buy said today. Toyota stock has taken a huge hit along with the Big 3. It's not just about wage cost per car. It's management imagination and creativity that is also part of the issue. I read along time ago in an auto magazine a critic who said none of Big 3 have any original ideas and just copy others. Witness the bailout proposal. Where did they get that idea from?they saw the banks get bailed out. Now they want to be bailed out. What happened to GM's plan to ride out the storm til 2010 when it would save billion's from union managing it's own healthcare? Which is also around time of the VOLT being mass marketed? So don't just blame the unions. Blame should be placed everywhere with the Big 3!