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Old 11-18-08, 01:53 PM   #17 (permalink)
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RacerDave
3 Tenths
United States
 
Join Date: Dec 2007
Location: North Carolina
GT40: scratch build
Posts: 360
Re: Should the US Government (Taxpayers) Bail Out the Big Three?

I voted yes here is why.

To me the unions are not the real problem. It takes a long time to turn a big ship. The Big Three could not react fast enough to prevent the issues they are having. Congress should of done something when our gas was climbing out of sight. Funny I paid $1.76 a gallon this weekend. After the hurricane near Galveston I paid 5.00 a gallon and we had shortages. Congress did nothing. I guess they could not see the writing on the wall.
The midwest is very dependant on the the big three they have suffered through years of the damage that Nafta caused.
If they are allowed to go under it will be disaster so many people. Iron miners, Limestone miners, great lakes sailors,Tool and die makers, plastic injection molding plants, tire makers, truck drivers the list goes on and on the supporting industries will crumble.
The little town I went to high school in sole means of income is tourism. They depend on the people in lower michigan to come up north for the weekends to snowmobile and camp out. The auto workers have not been coming much in the last couple years and it has hurt the areas economy beyond measure. My family all lives there
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