OBAMA: Auto Industry Bailout Saved 1 Million Jobs

[Bass v 2.0]

OBAMA: Auto Industry Bailout Saved 1 Million Jobs | News One

Government help is not always bad. Now if the so called "job creators" were doing their job they wouldn't need the government to bail them out.

 

[bigrebnc1775]

OBAMA: Auto Industry Bailout Saved 1 Million Jobs | News One

Government help is not always bad. Now if the so called "job creators" were doing their job they wouldn't need the government to bail them out.

obama also said three million jobs were saved because of the stimulus and we can see that wa a lie.

 

[Gremlin-USA]

OBAMA: Auto Industry Bailout Saved 1 Million Jobs | News One

.

 

[Gremlin-USA]

obama also said three million jobs were saved because of the stimulus

That deserves 5 rows











.

 

[code1211]

OBAMA: Auto Industry Bailout Saved 1 Million Jobs | News One

Government help is not always bad. Now if the so called "job creators" were doing their job they wouldn't need the government to bail them out.

You left out the word, "Union".

The bailout as passed was aimed not at saving jobs, but at saving Union Jobs.

The great fear as presented to the public was that if a bankruptcy proceeding occurred, there would be a loss of faith in the products of the company and an eventual failure of the companies affected.

What was the first step in the bail out? Bankruptcy. However, the bail out provisions demanded that the union would remain intact. Lunacy. If there was no bail out and a bankruptcy had occurred, the Unions would not have had bargaining rights with the reorganized auto manufacturing entities that emorged.

What makes the American Auto Industry uncompetitive is the cost structure and this is driven primarily by the labor rates. As long as there is a UAW, there will be too high labor rates. The industry was dying of a cancer and the prescription was to save the cancer.

Brilliant!

It was everything that years of experience with government planning has taught us to expect.

 

[saveliberty]

The bankruptcy saved jobs. It was the reorganization that made viable businesses possible here. One million sounds about right when you consider what would have happened to suppliers. Government helped to delay this process and put about 250,000 dealership employees out of work. But good news, most of those people were not union.

 

[CrusaderFrank]

Obama turned over most of the US Auto industry to the UAW

 

[saveliberty]

Obama turned over most of the US Auto industry to the UAW

That's the facts Jack! Errr....Frank.

 

[rightwinger]

OBAMA: Auto Industry Bailout Saved 1 Million Jobs | News One

Government help is not always bad. Now if the so called "job creators" were doing their job they wouldn't need the government to bail them out.

obama also said three million jobs were saved because of the stimulus and we can see that wa a lie.

Where are all the rightwing pundits who screamed that the auto companies would be back in six months looking for more money? Where are the pundits who claimed the Government can't do anything right and would run the auto companies into the ground? Where are all the righties who claimed we would never see a cent of the money we invested?

 

[bigrebnc1775]

Obama turned over most of the US Auto industry to the UAW

That's the facts Jack! Errr....Frank.

Now you've done it you envoked the name of a fool but you did correct yourself.

 

[bigrebnc1775]

OBAMA: Auto Industry Bailout Saved 1 Million Jobs | News One

Government help is not always bad. Now if the so called "job creators" were doing their job they wouldn't need the government to bail them out.

obama also said three million jobs were saved because of the stimulus and we can see that wa a lie.

Where are all the rightwing pundits who screamed that the auto companies would be back in six months looking for more money? Where are the pundits who claimed the Government can't do anything right and would run the auto companies into the ground? Where are all the righties who claimed we would never see a cent of the money we invested?

yada yada yada yada, that has nothing to do with obama saying 3 million jobs have been saved.

 

[CrusaderFrank]

Lemme see, $850 Billion to "save" or create 3MM jobs equals $283,000 per job saved or created!!

That's a great deal!

 

[saveliberty]

Obama turned over most of the US Auto industry to the UAW

That's the facts Jack! Errr....Frank.

Now you've done it you envoked the name of a fool but you did correct yourself.

I didn't mention you at all. Go back to your cave and screw yourself.

 

[skookerasbil]

The k00ks dont understand how free markets work. Its a waste of time trying to eductate them. The best you can do is make sure the casual observer checking into these forums is pointed in the right direction.
The k00k assholes think it'd be fine to bail out anybody and everybody.........as if it were a zero sum game. The liberal k00k has the inability to understand the necessary tradeoffs................which, by the way, psychologically, is fcukking fascinating!!!

 

[Samson]

Lemme see, $850 Billion to "save" or create 3MM jobs equals $283,000 per job saved or created!!

That's a great deal!

If it makes you feel any better, they are jobs making $75,000/ea HumVee's to support $1 Trillion wars that should have ended 7 years ago.

 

[bigrebnc1775]

That's the facts Jack! Errr....Frank.

Now you've done it you envoked the name of a fool but you did correct yourself.

I didn't mention you at all. Go back to your cave and screw yourself.

Excuse me? Why the attack?

 

[Samson]

Now you've done it you envoked the name of a fool but you did correct yourself.

I didn't mention you at all. Go back to your cave and screw yourself.

Excuse me? Why the attack?

SL Hasn't had OJ this AM.

 

[saveliberty]

Now you've done it you envoked the name of a fool but you did correct yourself.

I didn't mention you at all. Go back to your cave and screw yourself.

Excuse me? Why the attack?

Part of it is being out of orange juice this morning. Another part is slow sales at work, including this morning. Spent too much time with Doc is in last night, must be residual effects.

 

[editec]

We have no real way of knowing how many jobs might have been lost without that bailout of the auto industry.

Certainly many were, but the exact number?

PURE conjecture.

 

[CrusaderFrank]

We have no real way of knowing how many jobs might have been lost without that bailout of the auto industry.

Certainly many were, but the exact number?

PURE conjecture.

Are we counting the Republican owned Dealerships Obama ordered closed?