Quote Originally Posted by pacfan View Post
Hundreds of thousand of job for $15 billion? It's obviously worth it, but why are the authorities reluctant? Actually, it's not that easy. The companies are going bankrupt primarily due to their inefficiency and uncompetitiveness. If they can't address the inefficiency issue, just bailing them out will be like treating a sick patient with lots of vitamins and energy drinks without addressing the sickness itself.


They are just uncompetitive because they have taken care of the workers they have had in the past. The foreign car manufacturers have been subsidized through research and development, and not paid for human rights violations, and pollution they have contributed for.