People are misguided if they think all those jobs would have been lost if the GM and Chrysler bailouts hadn't happened. Someone would have picked up the capacity to build what GM and Chrysler had been building. Ford would have picked up some of that business and the Asian companies that build cars in the US would have picked up most of the rest.
It's not like if GM and Chrysler had folded all the people that would have bought their products would have disappeared from the market.
The fiasco that was the bailout has been widely publicized so there's no sense going into that, but I can't understand the mindset that thinks the government taking something away from someone and giving it to someone else (or paying someone to take it) is an acceptable practice.
I do agree whole heartedly that the US auto makers didn't have a level playing field with the Japanese companies. Back in the early 80's the Japanese government subsidized every Japanese car that was exported to the US.
At the same time the Jap's made it very expensive for their people to buy American cars.
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Today's Featured Article - Field Modifications (Sins of the Farmer) - by Staff. Picture a new Chevrolet driving down the street without it's grill, right fender and trunk lid. Imagine a crude hole made in the hood to accommodate a new taller air cleaner, the fender wells cut away to make way for larger tires, and half of a sliding glass door used to replace the windshield. Top that off with an old set of '36 Ford headlight shells bolted to the hood. Pretty unlikely for a car... but for a tractor, this is pretty normal. It seems that more often than not they a
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