KAZVorpal
Posts: 31
Joined: 8/31/2007 Status: offline
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quote:
ORIGINAL: defiantbadgirl I think the government should bail out the auto manufacturers with the stipulation that they close all plants in foreign countries and re-open them in the US. In other words, they get bailed out only if they bring all the jobs back to the US. First, ANY bailout is harmful to the entire economy. Inefficient companies must be allowed to fail, or to find what truly works better. Ironically, there isn't even a risk of the Big Three failing, only of them restructuring. And that restructuring would be a very good thing. Second, the jobs that leave the US should leave. It would be harmful to America to try to keep them. A job kept here by force is a makework job. It is an undeserved handout. Just one century ago, over 90% of all jobs were in agriculture. Today it's less than 2%. If we had "saved" the other 88%, on the premise that otherwise we'd end up with 88% unemployment, we'd be a third world nation today, like India. When our economy outgrows an industry, like manufacturing, we need to allow it to happen, or we stagnate. The outdated jobs are replaced with new, far more desirable jobs...or should all the laborers stuck in manufacturing be freed to go back to working on farms? quote:
First the banks wanted to be bailed out, Now it's the auto industry. I think it's safe to assume other corporations will follow. When they do, offer them the same deal. More jobs = a stronger economy. No, more PROTECTED jobs means pathetic, stagnant economy. You might as well save all the buggy whip makers from the threat of the automobile industry.
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