U.S. Automakers Meet Again!

The U.S. automakers are ready to submit their restructuring plans to Congress. These plans where demanded by Congress before they would consider giving them the $25 billion bailout money they need to survive in these tough times. I’m still dead on against on given them the bailout money. Most of there problems are because of their greed. They’ve always fault against on having fuel standards for cars and trucks. And they never really wanted to build a more fuel-efficient car. Why do you think other automakers from other countries have sold so many cars in the U.S? These other automakers listen to what the consumer wanted and built it. So now that they’re in trouble there now ready to make the change. I was reading that some of the changes would be more fuel-efficient cars and stop making their unpopular brands. I also read that their also going to cap their executive’s pay, which is a given. And the most important is restructuring their contracts with the United Auto Workers union. If they can’t get these contracts worked out they will be finished. And the UAW union knows this, so they will have no choice but to listen and give in on things like cutting pay and health care. So if they do get the money, which they will Congress should also break the contracts with the UAW unions or force them to cut back. I’m not even sure if this could be done, but it should.

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!


This entry was posted on Tuesday, December 2nd, 2008 at 11:40 am and is filed under Autos, Careers, Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.