The best thing about the auto industry crisis and the coming recession (or maybe depression) is that it will give us the opportunity to destroy the UAW and all American unions. Once the unions are gone, America can become competitive again.
You said — “The best thing about the auto industry crisis and the coming recession (or maybe depression) is that it will give us the opportunity to destroy the UAW and all American unions. Once the unions are gone, America can become competitive again.”
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I seriously doubt that this sort of thing is going to destroy unions, actually. More than likely, a severe economic downturn will breed much more union activism than every before. It’s the “unintended consequences” that you’re going to get...
Now.., the big problem is that the companies could disappear, after a liquidation of everything (with certain assets being cherry-picked over by other companies to use for themselves). The many down-line companies and/or resources could disappear, especially with the economy going into the Great Depression. Many of the associated businesses and money spent from them will simply dry up.
It’s the down-the-line ripples which will wreak havoc on the economy, which is already headed down into the Great Depression. Might as well shoot the economy in the head and just put 25% of the workforce out of work, like the last Great Depression...
But, the difference with this particular Great Depression is that it will put more of those 25% who will be out of work, on the government rolls for personal subsidies, which, ironically, will be paid for by those who are complaining the loudest about sinking these other companies.
At least if this particular workforce keeps working, they won’t be on food stamps and government housing... LOL...
Otherwise, what you thought you were putting back in your pocket, you ended up having taken it out of the other pocket to feed and house millions more people not employed any longer... :-)
“The best thing about the auto industry crisis and the coming recession (or maybe depression) is that it will give us the opportunity to destroy the UAW and all American unions. Once the unions are gone, America can become competitive again.”
You got that right!