Hmmm. So has our bailout handout we gave them just evaporated into thin air? Did it help one iota?
Think of the US automakers as the current version of the now extinct US TV manufacturers.
Pain can be such a beautiful thing
The quotes in your post prove this. Thank you.
What level of blame do you place on the unions, and why?Considering that the truth is more complicated to say the least, and in that truth the unions are hardly to blame for all or even a majority of the problems of the 2 car companies.
When the car company which sells the most cars in the world -- GM -- can't compete with the other companies because their labor contract obligations are so much higher, where does that blame go?
Yes, GM was also a poor market adapter. But despite that, it still sells more cars than anyone. And the fact of the matter is, their labor costs are much, much higher than the competition. If they were comparable, they'd be profitable.
That's simple math.
Labor unions, like any other big organization, CAN be greedy, they CAN have too much power, and they CAN be to blame for a company's failure.
To turn your own "reasoning" around on you, are you saying that they never can? If not, why couldn't it be in play here?
2001-2008: Dissent is the highest form of patriotism.
2009-2016: Dissent is the highest form of racism.
2017-? (Probably): Dissent is the highest form of misogyny.
Chrysler filing for bankruptcy - Apr. 30, 2009
Here's the article for those interested. Color me shocked and surprised.
Some blame the unions. Some blame Bush. Some blame Obama.
I blame Chrysler itself. Why? Because, while other automakers were designing for the future, Chrysler continued to assume that the buying public still wanted big cars that could pass everything but a gas station.
Chrysler deserved what happened to them. A company that cannot keep up in the marketplace, and is unwilling to change with the times, deserves to go under.
The ghost of Jack Kevorkian for President's Physician: 2016
And the taxpayer is forking over $8billion for the bankruptcy. That is more than the $6.9billion the government and creditors were haggling over. BO and Congress are completely useless.