Why should I, who has lesser wages and benies, support their's? You know Stuck, it IS their pay and benies among other issues that caused the mess they are in. I guarantee 10 years from now we will be bailing them out again. Mean while my company has killed off its pension and retiree medical, and I will be on my own. Not to mention Social Security tanking
OK, a different spin on the bail-out. Benefits the taxpayers and GM, Ford, and Chrysler. Distribute that bail-out amount instead to potential buyers of domestically made vehicles. Joe Taxpayer gets a perk with a new car, and the increased sales volume revenue SHOULD help these auto-makers. And if that doesn't, then they deserve to go under
Lastly, if the economy doesn't come around within a couple years, another American icon in Harley Davidson will go under too. So then we can bail them out. Hey, lets bail out the struggling airlines too!