[Mulletbird]

Actually, you don't seem to understand what would happen if the Big 3 were to fail tomarrow. How many does each still currently employ today, even after all their layoffs? And add to that number the number of people who live and work in the communities surrounding their facilities that have jobs, plus suppliers. Think about it, if the big 3 went under, all those people would suddenly become unemployed. There is no way we could handle that unemployment.

Granted, many suppliers (borg warner, bosch, recaro, autoliv) could find other means of producing goods, working for a jap import company, building the replacement parts (autoliv is the only listed that doesn't) , or even switching to build goods for other industries. But still, it would be a hard blow to several dozen companies. Plus, all the unemployment is in the region that already has the worst unemployment (the upper mid-west - Michigan, Ohio, Indiana, Illinois, etc.) issues in the US. What happens then is that nobody can get a job because the market is flooded - there were times that a business wouldn't even get their "Help Wanted" signs up before they found a replacement already back when I was there!