Tag Archives: auto industry

Loss of Automaker Jobs?

Posted on December 24, 2008

Q: Would 3 million jobs be lost if U.S. automakers go under? A: The 3-million-jobs figure is based on doomsday assumptions that are unlikely to materialize. Independent economists put the job loss in the hundreds of thousands if GM and Chrysler go under. Ford has said it can survive on …
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Hit the Brakes

Posted on September 3, 2008

Summary A new Obama ad targeted to Michigan voters says McCain "refused to support loan guarantees for the auto industry." That was true, but it’s not now – and it wasn’t when this ad was made. Yet the ad doesn’t mention McCain’s changed position on government support for the carmakers. …
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