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Political Discussion
Reply to "How do you feel about the General Motors and Chrysler bailout?"
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[quote=Anonymous]The government must do what it can to save manufacturing jobs in the U.S. Manufacturing is where value is added and jobs are created in any nation. At one time U.S. industries manufactured the majority of our consumer goods and the opposite is true today. Those manufacturing/factory jobs are gone and they are never coming back. The present unemployment rate is 8.1%, and this is the new normal rate. The old normal unemployment rate of 5% is gone for good. It seems we have survived the loss of our consumer goods industries, all be it with higher unemployment rates, but we have survived. We could not survive as a nation if we were to lose our automotive and defense industries which are fundamental to our existence as sovereign state. Like it or not these are industries that must be supported by the government and this is especially so during lean years.[/quote]
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