Ford, GM, Chrysler are among the US based automakers who are in huge trouble right now. Ever since the big bailouts recently for the banks and credit unions it’s as if every other failing company thinks they are entitled to a government bailout package. Funny how that works.
The auto companies are so big that they claim a national economic catastrophe if they go out of business. They employ a huge amount of US citizens, but in the end will the market not correct itself regardless of what happens? If the auto companies do in fact go under, isn’t that just the natural course of action when your company has been poorly run for years upon years? Capitalism is fairly simply to understand. Companies compete against other companies and the company that can provide the best product and/or service for the best price is generally the one that comes out on top.
