10-28-2008, 01:06 PM
I don't think too many people want to actually suffer the consequences of letting the Big Three die and letting all the mortgages foreclose. My parents went through the Great Depression and they did not recommend it for anyone else. My mother's father managed to keep his good job with General Electric throughout the Depression, but the family was poor anyway because he was supporting up to 20 people on his salary as others in the family lost their jobs.
For every job in the automotive industry, there are seven jobs in companies that do business with the automotive industry. Think about it.
In Baltimore local small businesses would swoon every time GM had a big layoff on Broening Highway. Even now, along Broening and German Hill Road and North Point Road, there are businesses shuttered. The plant closed four years ago.
Does everyone want to just write off Michigan and large parts of Ohio, or do we want to contemplate doing with a little less and helping our neighbors?
For every job in the automotive industry, there are seven jobs in companies that do business with the automotive industry. Think about it.
In Baltimore local small businesses would swoon every time GM had a big layoff on Broening Highway. Even now, along Broening and German Hill Road and North Point Road, there are businesses shuttered. The plant closed four years ago.
Does everyone want to just write off Michigan and large parts of Ohio, or do we want to contemplate doing with a little less and helping our neighbors?