R
rdean
Guest
I'm looking at all the good news from the Auto Industry and I'm amazed that Republicans did everything they could to make sure that industry was destroyed, even though that would mean all the millions of Americans that would be unemployed.
Not just the companies, but the suppliers. Even Chrysler, it's suppliers wouldn't have managed to stay in business with Ford and GM gone. It's possible with no reliable suppliers, Honda and foreign companies might have stopped production, not to mention the fact that with so many people out of work, no one could buy cars anyway.
Then there would be all the industries supplying raw materials. And all the local business. Everything from donut shops to malls. It all would have been gone.
Then, without any revenue, teachers, police, firefighters, and all the other people that are needed to keep a community going would have been laid off.
Remember, this was the Republican agenda. Let the Auto Industries fail.
GM just repaid another 11 billion which drops the governments share from 60% to 30%.
Kokomo had an unemployment rate of 20% and now it's 12%. That's an 8% drop.
Chrysler is proposing a 2 billion dollar upgrade investment with 600 million going to Illinois.
http://www.autonews.com/apps/pbcs.dll/article?AID=/20101124/OEM/101129945/1137
Come on USMB. Be honest. If Obama hadn't saved the auto industry, where would our economy be? Let's see how honest you can be. And if you feel we should be in a major depression, please explain why.
Not just the companies, but the suppliers. Even Chrysler, it's suppliers wouldn't have managed to stay in business with Ford and GM gone. It's possible with no reliable suppliers, Honda and foreign companies might have stopped production, not to mention the fact that with so many people out of work, no one could buy cars anyway.
Then there would be all the industries supplying raw materials. And all the local business. Everything from donut shops to malls. It all would have been gone.
Then, without any revenue, teachers, police, firefighters, and all the other people that are needed to keep a community going would have been laid off.
Remember, this was the Republican agenda. Let the Auto Industries fail.
GM just repaid another 11 billion which drops the governments share from 60% to 30%.
Kokomo had an unemployment rate of 20% and now it's 12%. That's an 8% drop.
Chrysler is proposing a 2 billion dollar upgrade investment with 600 million going to Illinois.
http://www.autonews.com/apps/pbcs.dll/article?AID=/20101124/OEM/101129945/1137
Come on USMB. Be honest. If Obama hadn't saved the auto industry, where would our economy be? Let's see how honest you can be. And if you feel we should be in a major depression, please explain why.