Illusional Delusion

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

Frankly, I think they are at the certainty of collapse, even with the bailout. The bailout will not be able to save the jobs we really want to save unless we completely nationalize the 3 automakers and restructure the 3 to a point where the 3 automakers can compete in both quality and sustainability against great carmakers like honda and toyota.

Its easy to bully the meek who will give concessions or bailouts like the quote from "House MD", what selfish person like those high salaried executives from financials, autos and whatever mores would not take advantage of it? They are ever ready to cut jobs regardless of how much taxpayer money they get and how much the autoworker is willing to reduce his pay demands.

Either way, it would be easier to let the 3 automakers fail. Giving them more money and time on the medical bypass is only slowing the closure of the factories and job cuts that the bailout is supposed to avoid. It is more important to think of what to do if they fail rather than think what to do to prevent them from failing. You will encourage your child to get up on his feet himself, so why should big monies be given preferential treatment?

btw, many people have had experience of meeting bill days after losing their job, so rather than take the "let them fail" solution too personally, think of how people should live for the next thirty years. because if they don't want to change, they will live the rest of their lives the same way they lived the past years of their life, accruing more debt than they can pay off. just my $0.02 worth of thoughts.

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

Simply put. The 3 automaker have got away far too long for their mistakes. Indeed they attract unskilled workers more, but based on an unfair advantage of having to be saved more than once.

If no one wants to pay CEOs for their blunders, who wants to buy cars they don't value. The problem is simply that the 3 carmakers are not making quality cars.

Let them work to save themselves or fail.