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Thread: Bailout
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  #17 (permalink)  
Old 11-21-2008, 05:43 PM
m_turner_02's Avatar
m_turner_02 m_turner_02 is online now
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Join Date: Nov 2006
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The American auto industry never had a chance to compete with the foreign auto industry. think about it...UAW wage = $72ish per/hour vs. American made toyota workers making $32ish per/hour. Way to go union, you priced American made cars right out of competition. I say, let them go bankrupt, restructure, and then go back to producing cars people will buy. Because even though a lot of people have there biases towards foreign produced vehicles, american made cars are still reliable, perform well, and are quasi-stylish...so there is no reason that they should be going bankrupt, except for being priced out of the market by the union
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