You can’t miss a thing about the current dilemma that is facing the big three auto makers in the United States – they are on the verge of going broke, and without some serious assistance from the taxpayers in this country, to the tune of billions of dollars apiece, they will most certainly cease to exist. This would cause a trickle down effect on the entire dwindling economy of our great nation. Hundreds of thousands of jobs would be lost, dealerships would close, gas stations would suffer, and many cars would become worthless and so on.
The Main Culprit
The main problem that is under riding the failure of the big three automakers are the ridiculous amounts of control that the unions hold over them. The unions demand healthcare for life for all employers, current or retired, or terminated. This costs the car makers billions each year. They unions demand a set hourly rate, whether or not cars are being made – this causes the overproduction of cars, thousands monthly. The unions even have job banks, where laid off employers get paid about ninety percent of their salaries for doing nothing but waiting.
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