There is much debate about WTF happened to the US auto industry and who is responsible for it. Some blame the workers, some the union, some the legislators and some the companies. I’d like to take a few minutes of your time to offer my own thoughts on this calamity and who’s responsible for it. [...]
Posts Tagged ‘Chrysler’
US Senate Rejects Auto Bailout
The US Senate rejected the $14B auto-maker bailout bill approved earlier in the week by Congress. Republicans and Democrats failed to agree to end debate on the bill over union compensation, which the Republicans insisted be lowered to that of those working at Japanese auto makers with plants in the US.
