"Chom Noamsky" wrote in message
news:Gn%Uk.1742$jr4.1092@edtnps82...

That's fine and all but the process of adapting or imploding takes time.
In the meantime there are about 500,000 jobs that depend on the industry.
When a single industry employs that many people and becomes such a major
economic cornerstone, losing it is not an option. It needs to be fixed
and made competitive again without losing the jobs or the industry.

How much of the industry is GM? Maybe 20%. Banks took a deeper cut.

GM's turn. Now one is bailing banks or the little layoffs going on all the
time. I even know companies that lay off 49 per month so they don't have to
report it! Who is helping them out?

GM, greedy turds need to go down on principle. I am sure Ford, Chrysler,
Nissan, Toyota and Honda can pick up the slack as the industry right sizes.