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Old 02-23-2009, 10:48 AM
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JWilly JWilly is offline
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What'sa: I agree with WM and it is a very interesting post. My guess is the US aircraft building industry is extremely small when compared to the US car building industry. I would also guess (speculating here, I really don't know) the union representing the workers of the aircraft industry has far less clout in Washington (the root of all evil) than the UAW does. The UAW has held the automotive industry by the short ones for many years. That grip may finally be loosening. At least I hope so.

Regardless of all this, I believe the US auto industry needs to suvive. Allowing GM and Chryler (and eventually Ford too) to enter bankruptcy would be a huge risk. If the economic damage was only to GM and Chrysler then I would say let'm rot in hell. But the problem goes way beyond GM and Chryler.
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