Quote:
Originally Posted by emoo
I understand that the domestic auto industry is supposed to employ a lot of people and thus has a large economic impact, but damn. When are we gonna cut out this protectionist bullshit and let our auto makers grow a pair ? |
I forget the statistic, but like 3,000 dollars from every vehicle purchased goes to paying retired workers and benefits. This is not a bad thing, those people lived up to their end of the bargin and they deserve what they were promised. That being said, companies have learned that people need to do it themselves. Give people the money they would spend on retirement benefits and let them invest so that they can control their own destiny. It is the only way our republic will survive the 21st century.