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There is absolutely no reason (other than union busting) why the government can't give GM more time to get their restructure together. It would ultimately be in all of our interest to allow it. If GM is allowed more time to re-structure, then the govt. gives them the bailout they need and jobs, industries and communities throughout America can be saved. If GM files bankruptcy, then all is lost. The amount of jobs lost will be staggering. Companies that set up shop in small towns to supply GM all of the parts it needs to build cars will close their doors. The dome light makers, nuts and bolt manufacturers, windshield wiper blade makers, headlight makers, etc... Many small towns in the U.S. are one industry towns. What happens to small town America when these companies go bankrupt, following GM? What about all of the small towns that have one GM dealership, where potential customers travel fifty or a hundred miles to shop at, because it's the closest available dealership? Will they be closed down, in order to keep the dozens of dealerships in the big cities open for convenience? How many people will end up on welfare? How much will the added swell to the welfare rolls cost taxpayers? Would the govt. rather see us all on welfare, having to pay billions more to dependent Americans, or does it make more sense to shell out the money to keep jobs, even if they are shored up by our tax dollars, so that Americans can keep working and remain productive?
The govt. is going to spend our money, one way or another. Spend it on jobs, or spend it on welfare. To me, it's a no-brainer. What the fuck am I missing?
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