BAILOUT BIG 3 YES OR NO?

SHOULD WE BAILOUT THE BIG 3 CAR MAKERS? HOW DO YOU FEEL, YES WE SHOULD, OR NO WE SHOULD NOT AND WHY?

1 Comment

Filed under AMERICAN POLITICS, HUMAN RIGHTS, LIFE AND TIMES, politic's, political buzz, Uncategorized, VOTING RIGHTS

One Response to BAILOUT BIG 3 YES OR NO?

  1. valkyrie9

    I’m debating my position. As a Detroit native, I’ve had so many friends get pink-slipped (and those who haven’t live in constant fear that they will), and I think anything that slows down the job loss is a good idea. If the Big 3 have more money, then perhaps they won’t be as inclined to cut jobs.
    At the same time, though, the reason the American car industry isn’t doing so well is largely because of stupid mistakes the Big 3 have been making for a while, assuming people would prefer cheap, crappy cars to those with better fuel economy and environmental standards. Also, the only way we’re going to ensure lasting prosperity for Michigan is to remove its dependence on the car industry. Every time this country has a recession, Michigan always falls into a deeper hole than everyone else because the first place people cut back when they have less money is they stop buying new cars. The way to fix the Michigan economy is to add new industries to weaken the power of the auto industry over the state, something Granholm has been (very slowly) doing. Particularly, technological jobs, along with improving Detroit by increasing its cultural offerings and creating potential for a tourism industry there, will help to stop the exodus of young professionals from the state.
    Sorry, that’s probably more than you cared to know – I have a lot of opinions on the affairs of my home state :)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s