General Motors

Why is it that the Obama administration seems to only be concerned about
protecting the jobs of union workers? The unions were major supporters of his candidacy
- is a simple answer. He has also stated that unions are good for the middle class which has me scratching my head.

The automotive industry world-wide has way too much capacity. And then you have the matter
that cars easily last for 200,000 - 300,000 miles compared to 50,000 a couple of decades ago. Competition has created a far stronger product for the consumer but that does not mean this is a good business to be in. And the situation is not going to get any better any time soon. Finally because this industry has so much political clout all over the world, every government in the world that has car factories is trying to add subsidies to keep their factories up and running.

So it is a mess that our government and other governments will surely waste a lot of money on - rather than letting more of the industry shut down and getting these employees to move into more productive jobs. Our government really does not like the idea of a free market.