GM Lays Off 3,600 Amid Grim Outlook

[johnnyl321]

Originally Posted by SierraGS

Good Point.

And he is right, it astounds me how many economic "genuises" out there actually think that putting 2 Million people out of work at the beginning of a severe recession is a great idea and could not possibly have a negative effect.

Forget for a minute that it is GM, Ford and Chrysler and just look at it as 2 million lost jobs and remember what you learned in Economics and tell me that it is a good idea.

There would be only one way to save the USA economy after that. The government would have to hire up all those people and put them to work rebuilding and repairing the country's infrastructure. Now, I'm dumb. I'm not a college grad, nor am I the sharpest knife in the drawer, so I'll toss this out there.....does anyone else see any other way, IF, the government cannot or will not "bail out" GM?

[Gung_Ho]

Originally Posted by SierraGS

Someone who understands how an economy works!!!!!!!!

Thank You for noticing.

Funny how most posts treat the factory workers like faceless people who only come to work then go to some undisclosed area where they have no interaction with the economy.

I am not a factory worker or a unionized one, but I do know that factory workers do buy things, sometimes even the things they make which all drives the economy to make more things - it's complicated.

If I am a cook, making $50 per hour, who works at a restaurant that makes worse-tasting more-expensive food than our competitors, and I also eat at the restaurant that I work in, do you think that taxpayers should bail me out too?

[SierraGS]

Originally Posted by Gung_Ho

If I am a cook, making $50 per hour, who works at a restaurant that makes worse-tasting more-expensive food than our competitors, and I also eat at the restaurant that I work in, do you think that taxpayers should bail me out too?

If there are 2 million of you that would be "dumped" onto a recession all at once and whose jobs could be saved from one LOAN, then yes.

If GM, Ford or Chrysler go under we will be in a Depression - period.

Forget who is getting bailed out, we know what happens when millions of home owners default on loans - it costs us $700 Billion, how many more of those do you want??????

[Gung_Ho]

Originally Posted by SierraGS

If there are 2 million of you that would be "dumped" onto a recession all at once and whose jobs could be saved from one LOAN, then yes.

If GM, Ford or Chrysler go under we will be in a Depression - period.

Forget who is getting bailed out, we know what happens when millions of home owners default on loans - it costs us $700 Billion, how many more of those do you want??????

It's not going to be one loan. They're going to get billions, and then they're going to come back for billions more because they underestimated, and that's still no guarantee that GM will survive. The taxpayer is probably going to be out billions just to postpone the inevitable.

[mike's 01ws6]

Originally Posted by nsap

I wouldn't want to drive a non-GM product if I worked at a plant for the mere fact that (the one's I've been to) if you don't drive a GM, you have to walk forever to get in the place! Every time I have been to a plant I have been in a non-GM vehicle (rental or relative's). At Bowling Green I had to part like 4 parking lots away from the door.

Because of what? There are no rules or restrictions on what you drive and where you park your car at the plants. We have tried to do this but management wont let us do it. Now the Union hall is a differnt story, you better park your *** garbage somewhere else and walk up.

[Jim Altemus]

Originally Posted by Mozeby

O.k, so I guess GM and other Big 3 are the only ones who are fault with building SUVs and ignoring the small car market. Don't forget that before the huge jump in gas prices, they were selling all they were building along with full size trucks. They were building and designing according to demand. The reason the japanese make better compacts is because that is their bread and butter back home and in europe where the b3 don't build build and design for. Toyota sure hasn't backed down from pumping out about 6 different suvs and truck lines. Between Toyota and Lexus they have more suv, than car models. And yes, any jackass who buys a garbage VW/audi or any crap company whose quality has been the worst for the better part of 20 years
and doesn't contribute to our economy, should be keyed.

Basically? Yes. The import manufacturers have better small cars now because they'e continually developed and upgraded them, while the Big 3 let most of their cars die on the development vine while putting all their eggs in the SUV basket. With a little forethought they would know that the long-term trend for oil prices is upward and that there is going to be increasing pressure to increase fuel economy and reduce emissions. The Big 3's market planning has been myopic at best. All the credit cruch has done is exaserbate the situation.

For your information, I'm one of those jackasses who bought a VW. Find me a GM car in the U.S. that gets the 49 MPG that my TDI does and I will buy it TODAY. Until then you are still a troll for suggesting that damaging other's property is acceptable under any circumstance. You are no better than the ELF nutjobs who burn Hummers.