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Tecki to US Auto Industry: Drop Dead!

Whoa, Whoa Whoa. Don't get the wrong idea. I want to help out the Autoworkers. Notice, I did not say "Detroit," just the auto industry.

I'm all for the federal government spending billions of dollars on stuff. After all, I'm a democrat. But throwing good money at three companies that have spent the last decade building cars and trucks no one wants? Eh.

Only the executives at GM, Ford and Chrysler couldn't see this coming. (Gas prices are low again! It's a golden age for SUVs!)

No. I have a better idea. Let the automakers go bankrupt. If they can get out of it on their own, great. They'll be all the stronger for it. That's how capitalism works. Otherwise, we have Toyota, Honda and BMW already building cars right here in the USA.

Use that $25 billion to put the laid off autoworkers back to work rebuilding Detroit. God knows that city needs it. Put them to work digging tunnels for a high-speed subway system, rebuilding city schools, repaving the streets and highways, creating new parks, building wind farms and solar power plants. Spend that money to tear down, renovate or replace all the rundown, abandoned buildings that scar much of Detroit. Hire thousands of the unemployed autoworkers to be new police officers, firefighters, teachers, nurses and EMTs.

As for all those soon-to-be empty factories: Have a firesale and let the foreign automakers -- you know, the ones who are actually making money -- buy them up dirt cheap on the condition that they reopen and put some American autoworkers back on the line. They won't need as many workers as before, of course, but those folks will already be taken care of.

That's how you spread the wealth.



This post first appeared on Teckiblog, please read the originial post: here

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Tecki to US Auto Industry: Drop Dead!

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