They unions have bit the hand that feeds them. When the money was flowing they deserved to get their share, but they kept demanding the same take home pay no matter how bad the big 3 were getting.
Now, the big 3 pay out more to retirees than they do their entire current work force. It's awful what the workers have done to these companies. The big 3 just couldn't compete with the lower wages of import car makers. This allowed import car makers to be more profitable per car sold.

Today the domestics make some competitive cars, some really good cars, but their costs per car are staggering! They just aren't recouping their overhead costs anymore.

Three things should happen. Reorganize the unions. Sorry boys, party is over! and two, demand lower import tarriffs into other countries. Japan can sell a car here in the states easily, but have GM try to sell a car on Japan and they have to pay HUGE taxes. And three, market agressivley. The big 3 have done a terribel job showing the world that their cars are indusrty leaders. The rumor mill and BS about their "lack of quality" needs to stop.


I think the big 3 deserve the help, sure they could have done some things better, but w/out GM alone, 3 million people are out of a job. If anyone of the big 3 goes down, all the companies that support them (parts suppliers, etc) will fail too. If they fail then even the Japanses makes won't have suppliers, and that can cause the Japanese car makers to go under as well.

Its a big drain....and we need to plug it now.