Thursday, December 11, 2008

The Big Three Bail Out

A hot topic in the news lately has been the Big Three Bail Out. This bail out would aid in helping Ford, GM, and Chrysler. Apparently each of these companies haven't made any real money in years. Each of these dealers have also be around from 100s of years. They just recently have had a great change in consumers. In Detroit they did built to many SUVs but until recently they had the demand for them. What would happen if we weren't to bail out these companies. These are our American made vehicles? If they were to go out of business we wouldn't have any parts being made. Lots of us would be affected because we own cars and trucks made by them. It would be hard for us not to bail them out in my opinion.

1 comment:

Anonymous said...

For how long will this bailouts go.I think sound economic policies are needed or otherwise bailing out will continue in all key sectors