Jets Insider.com Forums - View Single Post - NYT: Big Three Failing b/c No One Buys thier cars

BrooklynBound · 12-13-2008, 11:19 PM

[QUOTE=dermlord;2908965]I am not counting how much the workers make. The market determines that, and the market is about to say 0. (unfortunately for these people).:([/QUOTE]

The thing is, people act like if the Big 3 go under, all of the jobs will go under. That's simply intellectually dishonest. When companies falter, the more profitable ones are in position to take their market share and possibly take over the old company. Will every job be preserved? Of course not - but I don't want to live in a world where we act as if every present job has to be preserved in the future. Economies don't work well under that scenario.

12-13-2008, 11:19 PM	#35
BrooklynBound Hall Of Fame Join Date: Jan 2005 Posts: 15,550	[QUOTE=dermlord;2908965]I am not counting how much the workers make. The market determines that, and the market is about to say 0. (unfortunately for these people).:([/QUOTE] The thing is, people act like if the Big 3 go under, all of the jobs will go under. That's simply intellectually dishonest. When companies falter, the more profitable ones are in position to take their market share and possibly take over the old company. Will every job be preserved? Of course not - but I don't want to live in a world where we act as if every present job has to be preserved in the future. Economies don't work well under that scenario.