So, how long does GM/Chrysler have? (user search)
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  Talk Elections
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  Economics (Moderator: Torie)
  So, how long does GM/Chrysler have? (search mode)
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Poll
Question: How long before one or the other or both declare bankruptcy?
#1
February 17 or before
 
#2
March 31 or before
 
#3
Before end of 2009
 
#4
After 2009
 
#5
Never (the government will fund them indefinitely)
 
#6
Government will nationalize (i.e. they're dead)
 
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Partisan results

Total Voters: 14

Author Topic: So, how long does GM/Chrysler have?  (Read 2242 times)
opebo
Atlas Legend
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Posts: 47,009


« on: February 16, 2009, 12:33:51 PM »

It will be sad if political foolishness causes this 'bankruptcy'.  I voted 'the government will fund them indefinitely' because it is the best decision and what I hope will happen.  Of course nationalization doesn't mean they're 'dead' - in fact with good government this would be the best course.  But as long as there is one major party intent on destroying the auto industry, this is obviously quite a dangerous course.

The best we can do is to continue funding them in whatever amount is required, and hope that 'good times' (i.e. good government economic policy) return them to 'solvency' before the job-destroying party gets back in power.
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