Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Should the tax payer bailout the automakers or let them fail?
What would happen to all the Union deals if the automakers died?
5 Answers
- Spock (rhp)Lv 71 decade agoFavorite Answer
both bailout and fail.
actually building a car requires about a sixth grade education and, therefore, is obsolete in the US. All of those factories should be closed and the actual production moved to Mexico where labor is much cheaper.
and yet -- the automakers are in this problem, in major part, because of the failures of the government. so a bailout is due. However, the form of it is critical -- payoff all the assembly line workers, close the factories permanently, and rebuild the companies using foriegn factories and workers.
oh, yes -- the UAW is obsolete, too.
but you'll never hear a Democrat say so.
Source(s): ex-Detroiter -- moved out in 1975 when the handwriting on the wall was plain for all to see. - 1 decade ago
The auto makers bribed our politicians to eradicate the polution laws (trucks dont need to follow EPA so lets call these new vehicles trucks!! yeah) and the Texans bribed the auto makers to keep building big gas guzzlers (who bought alot of cheap gas stocks in the late 70's)and now they are whining because soccor moms arent buying the SUVs? Who bailed out the dinosaur? No one worried when our jobs (I'm from Detroit) went to Mexico in the 70's. Union deals>>>hahaha only the small guy dies, the union has long ago robbed the pensions it doesnt exist therefore it is to the big guys advantage to do away with whats left. The shell game in action. They dont WANT to be bailed out! Not much different then Bush taking the money from our social security pension to finance his war and then trying to do away with social security. And if you respond, dont you dare call me a liberal.
Source(s): HINDSIGHT - JayLv 71 decade ago
It's a no-win. We don't want a taxpayer funded bailout. We don't want the government owning the auto makers. But we don't want some of our biggest industries to go under.
What to do?
You mention the Unions. You gotta believe that they will need to be at the table for any deals. See: airline industry (who has been bailed out for the last 30 years)
- How do you think about the answers? You can sign in to vote the answer.