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Ok, but how about the hundreds of small businesses and suppliers that depend on the Big 3 for work?
by antidaily 18y ago
Ok, but how about the hundreds of small businesses and suppliers that depend on the Big 3 for work?
- fallentimes 18y agoIn short; they're in trouble. That's why you should never ever put all your eggs in one basket. As I noted in this post: http://news.ycombinator.com/item?id=369994 http://news.ycombinator.com/item?id=369994 my family has already been hurt by this. My Dad was laid off, my Grandpa was forced in to retirement. My other Grandpa lost his job. One of my Uncles who did supplies sales was laid off. Only one of the above actually worked at one of the US car companies - the rest were part of the supplies/small businesses.
- chaostheory 18y agosmart businesses (especially small ones) change and adapt. if not they fail. why subsidize bad practices and decisions?
- lutorm 18y agoThe aim of government is not to support businesses but to support the citizenry. The relevant question is not whether businesses will be better off, it's whether people will be better off.
- ars 18y agoThey'll be better off in the long run. Let GM, etc fail, and get rid of the crippling unions. Then come back with normal hiring practices and they'll buy from suppliers again.
- ckinnan 18y agoWhat about the hundreds of small businesses and startups that are paying the taxes to subsidize the Detroit Three's failure?
- chaostheory 18y agoforgot to mention this but most of the Big 3's parts aren't even American: http://www.cato-at-liberty.org/2008/11/18/what-is-an-american-car/ http://www.cato-at-liberty.org/2008/11/18/what-is-an-america... Not to mention: "Cars.com found only four cars and six light trucks with a domestic content (meaning US or Canadian) above 75%. That list includes the Toyota Tundra and Sienna and the Honda Odyssey. Other Honda’s have a 60-70% domestic content, barely missing the cut"