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10-31-2008, 10:13 PM #1
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bailout plan may widen to more industries
Japan builds cars in the US to offset cost of shipping large products thousands of miles. It is much more logical to produce the most spacious aspects of production near the market area if the labor pool is able to achieve production efficiency (not just cost efficiency). There is no union representation, where as GM, Ford, and Chrysler have to deal with the UAW.
The US auto market is the largest in the world, and cost efficiency is killing off American automakers. This should be apparent...GoldenBoy812 Reviewed by GoldenBoy812 on . bailout plan may widen to more industries Wide array of U.S. companies start competing for bailout money Published: Sunday, October 26, 2008 | 2:20 PM ET Canadian Press: Martin Crutsinger, THE ASSOCIATED PRESS WASHINGTON - The bailout is now the hottest lobbying game in town. Insurers, automakers and American subsidiaries of foreign banks all want the Treasury Department to cut them a piece of the largest government rescue in U.S. history. The betting is that many with their hands out will be successful, especially with Rating: 5
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