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Old 11-10-2008, 01:52 PM   #1 (permalink)
Pete (Premo)
Vigorously indifferent
 
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Member Since: Jan 2003
Location: Hollywood
Posts: 51,831
Should we just let GM, Ford and Chrysler fail?

GM directly employs 266,000 people, Ford 90,000, Chrysler 133,000 with an estimated 4 million other jobs directly related to supplying parts and or services.

4.4 million jobs would be lost. Asia would have no domestic competition. Every dollar of profit spent on vehicles would leave the country destined to foreign corporate offices.
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