37383, RE: Why the auto bailout failed Posted by burntheblobs, Dec-31-69 06:00 PM
Originally posted by freelancefool I figured the auto bailout would fail because giving money to a company that makes a shitty product that people choose not to buy only prolongs the inevitable.
No, that's why it should have failed. OP was spot on why it did fail.
In all honestly though it's half of the fault of labor unions. It's hard to produce a cheap product when you have to pay your unskilled laborers absurd amounts of money.
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