caldaean's Comments

Bailouts never solve anything. It makes problems worse, since businesses doesn't have to adapt to survive, meaning that in a couple of years time the same situation will arise once more, most likely worse than now. And that isn't specific for the auto industry, it applies to everything. Yes, a lot of people will lose their jobs, and no they won't be saved by a bailout. Not in the long term.

In order to solve the problem you need to cure the root cause of the decease, not treat the symptoms.
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  • Member Since 2012/08/12


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