Should the US bailout the big three automakers?

[khansmith]

Originally Posted by Smokingcobra2

Now if you where a UAW worker and got laid off you would get 80% of your pay for 5
years. NOT BAD and they wonder why they are gong broke!!!
Unless each company gets a loan payment book like i do when i buy a car NO MONEY!!
joeg

Wow...at Boeing...you are just gone! My bros just spent a nice chunk of time without pay on the strike. They all keep about 6 months cash to help weather the layoff periods. You get canned, you get nothing. Even with that scenario, they were offloading tons of work to non-union suppliers to keep costs down.

Edit: I mean, you get a bit of severance but not 80% of your salary for 5 years!