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Old 12-12-2008, 02:32 PM   #18
Da Klugs
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Default Re: Why the big three bailout is a BAD idea

Quote:
Originally Posted by Tombstone View Post
I understand your equation. But the truth of the matter is Toyota and Honda produce the same style/concept cars that Ford and GM do at the same cost to the consumer. That is why they are gaining marketshare.
Agreed. Wages are good here. Corporate profits are taxed at 35% and those would be nice to have here as well. No easy answers, mine were based upon the assumption that they are getting the money. As currently proposed, it ends up like the financial bailout, no direct benefits, no real resolution to the underlying problems.
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