Here we find ourselves in the midst of yet more bailout talks.
The "Big 3" are on bended knee asking Washington for $25 billion, after flying into Dulles International on private jets. Many people make the
argument that we need to or we will lose a monstrous portion of our American auto industry. Others argue that we shouldn't bail them out and that
they should pay for their mistake.
I must say that I don't think these corporate giants should be bailed out. They continued producing more and more automobiles while people were
buying less and less. This in itself led to their downfall. Simple rule of smart production: If consumers stop buying, you stop making. I understand
they may have to produce X amount of automobiles, but if people aren't buying them they are only spending money on hopeless product.
It is also my honest belief that a source of the problem here is unions. They may have improved workers' conditions and improved wages, but at the
cost of their employers, and now look at the fiasco they are stuck in. Unions began in the heat of the industrial revolution in our country, to
improve extremely poor wages and conditions. People often abandoned their families because of lack of financial support, and many people died from
disease and other hazards in the workplace. However, this simply isn't happening in today's day and age. The industry needs to be deunionized.
Even if our government gives these companies the money they beg for, unions must see their final day. It only makes the rich richer, but, at this
moment in time, it might need to happen to restore stability.
seattletimes.nwsource.com
(visit the link for the full news article)
Mod Edit: Altered thread title to reflect actual article headline.
Please review link: Breaking Alternative News guidelines
[edit on 11/19/2008 by maria_stardust]
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