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+1it's hard to be sympathetic to their cause for a number of reasons - among the biggest for me is that gm currently has 8,000 workers in the job bank.seems to me the heads of the companies have taken the position that if they file for bankruptcy, the entire industry's jobs evaporate overnight. while i imagine there will be layoffs / rightsizing, i don't believe the auto companies and all of their suppliers, etc, will shut down; they'll tighten up,but the quality shops will survive.i think if any / all of the auto mfg do declare bk, there will be a pretty good hit to the US economy, but with be-focused efforts, we'll get through it.
+1
it's hard to be sympathetic to their cause for a number of reasons - among the biggest for me is that gm currently has 8,000 workers in the job bank.
seems to me the heads of the companies have taken the position that if they file for bankruptcy, the entire industry's jobs evaporate overnight. while i imagine there will be layoffs / rightsizing, i don't believe the auto companies and all of their suppliers, etc, will shut down; they'll tighten up,
but the quality shops will survive.
i think if any / all of the auto mfg do declare bk, there will be a pretty good hit to the US economy, but with be-focused efforts, we'll get through it.