Tomas04

Who Might Benefit From Detroit's Failings

Blacksilver:

"Just as many Americans own stock in them,depend on them for a living and benifits"

This is where you are wrong- far more people rely on the Big 3 than the transplants- suppliers, thousands of retirees and more dealers. This is a very flawed statement- the Big 3 have far more US content in their vehicles than the transplants.

Who Might Benefit From Detroit's Failings

And what about the retirees pensions and health care- are those just gonna go away? And then the government will have more people without health care and retirement.

What about the fact that the Big 3 buy more parts from the US than Toyota and the other transplants?

What happens if the Big 3 collapse and the transplants shut down and move offshore for cheaper labor? They can still import here- we will need cars, but who will get the jobs?

I know these are questions that require thought and these people that write these articles are not keen on critical thinking but that lack of critical thought is what got our country into the economic mess it is in.