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US Taxpayers Should Not Bail Out US Automakers Again
The big US automakers are asking Congress for billions in bail out cash due to the economy. ABSURD. 1) It's not the 1st time they were bailed out, how many times do they get to come ask for more? 2) Their union employees already earn more and have better benefits than much of the rest of the public which would have to help pay for it. 3) US carmakers had decades to work on fuel efficiency, smaller cars, etc., they stuck to big gas guzzlers instead. 4) We just can't afford it right now.
 Grenache  17 Nov 2008 21:10
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The automakers will eventually pull themselves out.
 
 Feremeir1  25 Nov 2008 20:03
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I moved to Detroit and lived there for a year in 2006. My fiancee has family that have worked for Chrysler for up to 30 years and GM for up to 28 years. Suffice it to say, they are all overpaid, and will happily tell you so themselves, and they don't even make the really big dollars. Moreover, I have been renting vehicles on a monthly basis for the past 2 years. This means, I have been driving the newest American vehicles, from SUV's to cars, for the past 2 years. I am here to tell you that every time I rent a vehicle I end up having to swap the vehicle out for another one, and sometimes another and another till I get one that doesn't break down. Frankly, it's pathetic. The fact is, the elite upper corporate crust of the Big 3 have needed a reality check for a very long time. They've not tried to be competitive and don't even appreciate the American consumer enough to make sensible offerings that provide any value at all. Not even to save themselves. Seriously, how can a company, an industry, do the same thing so wrong for so dagnabit long? I say, let go of the strings and allow old bones to rest still in their majesty. America can innovate again and industry can be reborn anew. I'll be damned if I subsidize another executive retreat I'm not even invited to. No, not even a Dollar Menu cheesburger. Sorry.
 
 Juggernaut  18 Nov 2008 05:32
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True.

What we need to do is, manufacture those itty-bitty cars like the electric one I saw the other day on the highway.
It was tiny in size, and had only ONE wheel in the front.
Yes, you did hear me correctly: ONE wheel in front.
 
 sylverwyld  18 Nov 2008 01:14
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Maybe should not have to repeatly do this but, there countless jobs in the "Big Three" Automakers. What you also don't understand about gas guzzers is they have changed. Cadilliac which for years has been viewed as the biggest maker of gas guzzers has now introduced a hybrid Escalade and it is on the market. They have been making them and we need to help them make more, not harm them. Doing this will help our economy and make America a strong industrialized nation.
 
 JoeCool  18 Nov 2008 01:08
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The US car manufacturing industry will eventually be run out of business if they continue with the same ineffective standards. The foreign market will eventually overun them. Do we really want all of our vehicles imported? That's the question that I don't really know. Is there any benefit to having domestic vehicle producers? Toyotas production line is much more effiecient and runs and much lower cost than the American producers. I say let them sink or swim (if they do sink I hope it's gradually with). I don't believe giving the auto companies much money for this particular situation.
 
 Specter87  17 Nov 2008 22:09
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The US car industry needs to reach it's natural capitalist conclusion. Just like the UK industry a once thriving sector of the economy must be left to die, so the economy can be structurally strengthened. In the UK we realised this in the 1980s, you in the US are 20 years behind and 20 more damaged by it. You are destined to lost the car wars, the earlier you surrender the earlier you can move on to the next fight and have a better chance of winning it. The UK moved on early and tried it's hand in the services industry, because of that the LSE became at least as successful as the NY and Tokyo exchanges and London became a bigger financial centre than Frankfurt or Paris, our historical rivals.

It will hurt, but it's the right thing to do in the long term.

EDIT: It has come to my attention that now may not be the best time to give the economy a short term shot in the arm, but this should be done at the first opportune moment.
 
 Quincel  17 Nov 2008 21:38
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 Sorry, but that's right-wing social Darwinist fantasy. There's no demonstrable connection between the demise of British manufacturing and the "success" of the so-called City. I seriously doubt that the muppets who now work in the city would have been working in factories if any still existed. In any case, factories produced something real. Thanks to the financial crisis, we can now see that the supposed financial wizards of the City were, in reality, nothing but well-coiffed conmen selling pyramid schemes. They produced only illusions.

Nor is there anything inevitable about the demise of manufacturing in the West. Germany has a thriving manufacturing industry.
by  Hidell
 18 Nov 2008 00:20
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I guess it’s just a matter of whether or not the burden out weights the cause. Will the U.S economy suffer even more without its large automakers? I can only agree on the basis of what I know, and what you stated.
 
 verum  17 Nov 2008 21:17
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 That's a fair point, maybe now isn't the time to kill of the car industry, but the first good opportunity should be taken.
by  Quincel
 17 Nov 2008 21:39
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Dude, for your thing about fuel efficiency, that didn't matter decades ago. The only reason it does now is because the prices sky rocketed after Katrina. We should do everything we can to keep business in America strong and by cutting thousands of jobs will only make our crisis worse.
 
 dolphins  18 Nov 2008 15:31
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