Thursday, November 20, 2008

Auto Bailout Would COST not SAVE Jobs!

Jim Lindgren details his theory.

I buy in to this. We, as a country dealing with the current financial problems, seem to have a knack for micro-managing or micro-viewing the problems as separate for each industry or financial sector. It just ain't so! They are all tied together.

An auto bailout, apparently nearing the death level for now, will only perpetuate the losses and eventually cause more job losses elsewhere.

That being said, once the new More-Democratic Senate and Congress are seated, this monster will probably pop up again....this time with big labor and their buddies the DEMs having a much better chance of passage.

Damn shame if it does pass.