Quote:
Originally Posted by AGDee
This post makes it sound like it will have no effect on anywhere but Detroit and that it is only affecting blue collar workers on the assembly line. I would think that the people who work in the 100,000 dealerships around the country feel differently.
Here is a list of all the auto plants by state:
http://www.cnbc.com/id/27808154
They are hardly limited to Michigan.
That doesn't include suppliers, many of whom are not in Michigan. I guess we'll see how bad it could get if Bush doesn't assist. If he does, some will never believe how bad it would have been.
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It seems more like he was responding to the concerns of how this was going to hit the blue collar workers, since that is where most of the concern has been directed in this thread. I may be wrong, but no one (or almost no one) in this thread has been questioning how upper level management (and even middle-level management) is going to recover from losing their jobs.
Again, I don't think anyone, even the people who are anti-bailout, are sitting around thinking that this is a good thing, or that it will have no (or minimal) effect. It seems like it's more of a balancing of the relative merits of the bailout versus the problems of it.