The only reason why the government doesn't want them to fail is because all of the lost jobs and lost pensions etc etc. I personally have nothing against union workers except for the fact that they use the union to strongarm the company into giving them everything they want. $40-$70 an hour jobs doing things that anyone with a high school education could do. In the end that causes the price of the final product to go up and up while at the same time not being able to keep up with other manufacturers in several different categories.
Now you have a situation where people are screaming "save my job" so I can continue to be overpaid, even though no one wants to buy my products. My last two vehicles have been Mazda, which is partially owned by Ford. I've never had to do anything except scheduled work on both of them. Contrast that to the Chevy I owned prior to that which seemed to break down every other day.
I say let them fail, and perhaps some of the brighter people who work for GM will start a new company dedicated to giving consumers what they want.
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