The Auto Bailout Scam
- Thread starter Liberalman
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What kind of logic is that? I work in the Defence industry. We contribute more than our share of tax revenue.
Can we get a loan? How about the transport industry? The Oil industry?
You work in the defense industry and don't think you receive government money already?
Where do you think the revenue comes from to buy your products? Not from defense industry taxes. Obviously that amount is less than the cost of the industry or else it wouldn't exist. Instead, industries like the auto industry contribute tax revenue and get basically nothing in return, year after year. If industries like it didn't exist then who will pay for defense spending?
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"How much tax revenue has the auto industry contributed to the government over the years?"- Probably nil. The consumer (You and I ) have paid the taxes.
CTV.ca | Auto failure could cost 582,000 jobs: report
How much income tax does 582000 jobs pay to the feds?
Where would those people go? Would they be retrained, and if so for what? Retraining costs alone would be more than this loan.
How much income tax does 582000 jobs pay to the feds?
Where would those people go? Would they be retrained, and if so for what? Retraining costs alone would be more than this loan.
Last I checked, we still had EI and social assistance, not to mention medicare. And I'd even be in favour of increasing funding for free re-education. So let's not talk as if they'd be starving to death.
Even if it's a loan. If you come to me to borrow money, I have a right to accept or not. And I even have a right to ask what you'll do with it. And you have a right to refuse to answer. I have a right to insist on how you will use the money (though I have a duty to do this before the contract is signed of course, and you're free to do what you want with it within the contract), and you have the right to turn down my offer. Seems fair enough to me, no?
Good point, if it's a govnment job, it's a public service and thus an essential service, full stop. They should get salaries comparable to the same job in the private sector.
If it's private sector, do as in Germany. Give labour a few seats on the board of directors and let them vote on decisions, but no more striking.
Hey, I'm sure the buggy industry made quite a contribution too, so should we have been bailing them out until today? Think of it this way. To show our gratitude, we could have let the buggy industry fall and retrained the laid-off workers in how to build cars.
The same applies here. We could show our appreciation not by maintaining the modern buggy industry, but retraining workers for the car industry of the future. Just because they paid taxes in the past doesn't mean they will in the future.
We should think of the government as a provider not of welfare but of a safety net.
There's a big difference between an industry servicing the government and one getting a bail out.
In the case of the defence industry, the government is purchasing products from them. That would be equal to the police purchasing police cars, paramedics ambulances, and fire services fire engines.
Here we're not talking about a commercial exchange of money for a product or service, but corporate welfare.
Actually that leads to another question. If the auto industry is so important, instead of bailing it out, why doesn't the government buy more cars? Doesn't the RCMP need more cars? What about hospitals; do they need any new ambulances? Fire trucks, anyone? What about tractors? No? If there's no market, then perhaps the industry is bigger than it needs to be; time to let it shrink.
What? I'm sorry, but I'll buy quality over local. If the Toyota is more fuel efficient for example, you still expect me to buy gas guzzler just to show my patriotism?
I'll tell you what, instead of the government bailing them out, why don't you if you like 'em so much.