4 ms·
one must ask why a waitress at denny's who makes minimum wage and has no healthcare must bail out union workers at gm who make 8x the wages, do less work, have
by jmatt 18y ago
one must ask why a waitress at denny's who makes minimum wage and has no healthcare must bail out union workers at gm who make 8x the wages, do less work, have ZERO DEDUCTABLE healthcare (do you? i doubt it), and full pensions.
It's not the waitress at denny's - there is a very good chance she pays no federal taxes.
No, it's the engineers, management and entrepreneurs of all the successful companies in the US that are going to pay for the bail out(s).
I agree let them go bankrupt or even a managed bankruptcy. They need to get those liabilities off the books.
barak obama cannot force me to buy a buick
This is how much of the world works, subsidize the local car companies and tax and tariff the foreign car companies. Currently the foreign car companies are essentially on the same playing field as foreign car companies in the US. Hopefully it will stay that way.