jrs87sch

What Do We Need In 2009? More Failure

These are broken companies! Broken companies should not be put on life support. I agree that failure causes one to take another path. The failure of businesses is a process of evolution; we have to go through it in order to see a better economy for America.

Propping up dead companies did not bode well for Japan when they attempted, what makes people think this is going to be different. I don't want to have a 10-15 year recession, do you?

Also, unions are part of what is killing our labor force and sending jobs overseas. It's not so much shame on those companies moving jobs overseas; it's the fact that they have to find cheaper labor to stay competitive. Unions are outdated (think about why they were created in the first place), and they destroy the companies that boost our economy. THIS IS CAPITALISM! Go to another country if you don't like it.