Car Companies

The magnitude of hysteria over the "Big 3" car companies going broke is so silly.

Detroit's car makers employ nearly a quarter-million workers, and more than 730,000 other workers produce materials and parts that go into cars. If just one of the automakers declared bankruptcy, some estimates put U.S. job losses next year as high as 2.5 million.

So, your point is that if GM goes under Americans will stop buying cars? Anything else doesn't make sense. "Import" companies make their cars in the U.S. now. It's too expensive to ship many of them from overseas.

Looks like Toyota has plants in 12 states, as does Honda. What will happen to their workers if the government decides to subsidize the others?