1. The Effect of the Automaker Bailout on the US Economy
... based in Michigan, but in fact, suppliers are spread across 27 states. Over 1.1 percent of Ohio's work force would be put out of work, at a time when the state is already struggling. This type of job loss would roughly double the unemployment rate, and surely send us into an economic spiral that would take decades to pull out of. Still reeling from ... livid, and now they are not ready to take on any more debt for overpaid and irresponsible CEO's. But would they really close down completely? That is the question on people's minds. The CEO's and the UAW paint a catastrophic picture, and ...
- Word Count: 578
- Approx Pages: 2
- Has Bibliography
- Grade Level: High School