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Originally Posted by Iroczlover
More than half those that will lose their jobs most likly dont even make 10k a year.
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Really, so half the workforce makes under $5/hr? Isn't that illegal considering the minimum wage and all?
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then they would all be under unemployeement & looking for a job, you know how much retraining it would cost?
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For only so long before they would have to find a job. And as far as retraining, that should be on their dime, not taxpayers. Walmart, Burger King, etc. all have excellent benefits and a good training program.
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Companies rather keep their doors open then let people go, because it means more people out of jobs, it would put more people in the Welfair system & in the food bank system as well.
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Oh well. let the chips fall where they may.
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this loan isnt Just to GM its to all the American Car companies. Fords about ready to go under as well.
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Yeah, I am aware and have stated it elsewhere. I just use GM because it's so near and dear to so many people on this site. I swear, too many people on here would rather see GM be bailed out so they can get a Camaro then give a crap what it would mean, long term to the American taxpayer, to do so.