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Originally Posted by Dragoneye
It's already been addressed. The cost differences in terms of operation and worker pay are all but gone thanks to new contracts and restructuring. Their viability plans/reports they submit to congress in the coming week(s) will show that.
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From what I understand, that is for new workers only, not the existing ones which make $27/hr plus full benefits. Toyota is half that. The UAW need to realize that if they want their members to have a job, they will have to renegotiate their contracts. A job pay that pays less is better than no job at all.
Quote:
Originally Posted by radz282003
I'm getting pizzed about talk shows (the ones I listen to) that keep referring to this as a "bail out". To me, that just carries a negative connotation and deflects these are LOANS not just free money they're throwing away. I don't hear about how many people will actually be effected by them going under and how much in taxes our government will be loosing.
I'm about done listening, reading, and thinking about this. I don't think there is anything I can do to influence this because of all the clowns who are in charge of this circus...
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They wouldn't need these loans from the government if they could get them elsewhere, but no one will invest that kind of money in these companies the way they are operating now. So it is a bailout.
Believe me, I hope these companies stay in business because I want my Camaro. I also want its competition to stay in business too because that way there will be an incentive to keep the Camaro at the top of its game.
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