mswilkinson

Should GM Be Saved?

The union workers are over paid for the work they do.
The Auto Industry management is overly egotistical and mired in antiquidated thought and business processes.
Just as was the case with the US steal industry
That combined with their benefits (UAW and Sr Management) has been a drag on the US auto industry for decades.
Just as it was the case with the US steal industry.
Already the UAW has come to the front showing their true colors and stating that they will not give anything up in this dire time.
The US steal industry demanded protection from the US government for DECADES but eventually all the tarrifs in the world couldn't protect the US steal industry from the fact that their cost were to high and their methods to antiquidated to compete in the modern world.
Throwing cash at the US auto Industry to "Save" them will only enable them to continue to stumble on bloated and non competitive until their innevitable downfall.
Get rid of the unions. Put caps on the executives salaries and bonuses
Modernize the plants.
Kill off the dead end products (Like the ford Excursion and Flex, The GM Hummer, and all the sub standard quality cars).
Develope competitive products at competitive prices.
Then they will survive.