Cutting Costs Replaces Welfare

People all over the world are buying less automobiles but it is not the fault of the industry but only the fault of the economy. If it was only the American brand whose sales were off the blame would be on them, but every auto maker in the world has the same problem. The only solution is to cut costs until the market returns to normal.

It is not fair for the taxpayers to support automobile manufactures. We sympathize with them but if the economy is bad they must cut their staff in order to make ends meet. They say that they cannot do that because they have a contract that obligates them to their employees.

The only solution for them is to tear up their employee contracts by going bankrupt and starting over again. With a smaller overhead they can wait until the economy recovers and again become a profitable organization.

Giving the auto industry the 35 billion that they are now asking would pay their expenses until the economy recovers. But that is just a welfare check. Cutting expenses was always the answer when the economy went bad. Lets be practical instead of giving away the taxpayers money.