UPDATED: GM about to smash another record!

bmanning wrote:

Ron3rd wrote:
The Tow Vehicle forum used to be the most interesting part of this forum IMO, but know it's filled with more and more if this nonsense. Very few informative posts, just nonsense.

Eventually you'll do what I did Ron; I used to check the forum daily, now it's once every few weeks. Same nonsense gets recycled over, and over, and over...

I agree with the two of you. I find I'm drifting away as you are.

NJRVer wrote:

Francesca Knowles wrote:

spoon059 wrote:
FYI, the American car industry nationwide only employed just over 3/4 of a million people in 2012. That is across all brands and parts suppliers...

Here is my source
http://blogs.cars.com/kickingtires/2012/07/american-made-index-which-automakers-affect-the-most-us-workers.html

It's even sadder when you look at the historic statistics at the site that article got its info from- here's the curve for the last ten years:



Source

Very interesting chart.
Right after Jan. '09 things start the steady recovery, while right after June '06 they crash and burn.

Who was in office during those two time frames?
Whose policy looks like it worked and whose looks like it didn't?:)

Recessions are cyclical and if one goes far enough back to get a representative sample they will see that most recessions have started to recover around the time that a new leader is coming into office. Many, and I am guilty somewhat, want to remember who was in office during the recession and not recognize when the recovery actually started.

Ron3rd wrote:
The Tow Vehicle forum used to be the most interesting part of this forum IMO, but know it's filled with more and more if this nonsense. Very few informative posts, just nonsense.

Eventually you'll do what I did Ron; I used to check the forum daily, now it's once every few weeks. Same nonsense gets recycled over, and over, and over...

NJRVer wrote:

Very interesting chart.
Right after Jan. '09 things start the steady recovery, while right after June '06 they crash and burn.


Who was in office during those two time frames?

I know this one...this guy!




People's Republic of China Premier Wen Jibao...term 2003-2013. Link

;)

Francesca Knowles wrote:

spoon059 wrote:
FYI, the American car industry nationwide only employed just over 3/4 of a million people in 2012. That is across all brands and parts suppliers...

Here is my source
http://blogs.cars.com/kickingtires/2012/07/american-made-index-which-automakers-affect-the-most-us-workers.html

It's even sadder when you look at the historic statistics at the site that article got its info from- here's the curve for the last ten years:



Source

Very interesting chart.
Right after Jan. '09 things start the steady recovery, while right after June '06 they crash and burn.

Who was in office during those two time frames?
Whose policy looks like it worked and whose looks like it didn't?:)

Your argument is based upon one of two theories;
#1 GM owners will never buy another car.
#2 Ford/Chrysler/Toyota/Honda/Kia/etc will produce more vehicles to take over GM's market share without hiring any new employees or increasing parts bought from (former) GM suppliers.

Neither theory holds much water to me.

Where are your FACTS to support your claims? All you have is a theory of what could have happened.

I wasn't going to say any more on this topic, however...

My Dear Spoon, I must point out that everything you have stated or claimed in this thread is based entirely on classic economic theory (from David Ricardo to Milton Friedman), assumptions, and speculation all the while ignoring the specific historical context and circumstances at the time of the financial crisis of 2008.

I would ask you the same question... "Where are your FACTS to support your claims?"

The Tow Vehicle forum used to be the most interesting part of this forum IMO, but know it's filled with more and more if this nonsense. Very few informative posts, just nonsense.

T nuts you don't know what your talking about, Ford would have hired everyone with in 2 weeks.....After all spoon said so so it must be fact.

BTW that's sarcasm and not directed to Tnutz.

Dadoffourgirls,

Great post and the truth but so many are blind. There's so much more to what not having bridged the auto manufacturers etc would have caused which would have been utterly devastating.

Drastic reduction in just a few of the other non-auto related businesses revenues and cause so many to have failed as it's a mushrooming affect.

Drastic drops in and adding to the unemployment numbers:

Eating out

Clothing purchases

Fruniture purchases

Home improvements items purchases

Fuel purchases

Vacations taken which are so vitally important to many areas of the country

RVing, camping, fees for attractions, entertainment venues

Big change in comsumer's grocery store purchasing habits which are very low profit to begin with and cause many to close

Vehicle repairs drastically cut and putting so many more unsafe vehicles on the roads which adds to accidents

Drastic rise in un-insured drivers and unlicensed vehicles

Health care for millions would be even more in emergency rooms only

Skipping of dental and other normal appointments

Millions of additional children living in poverty

Extreme rise in forced bankruptcies across the entire population base

Big increase in homeless numbers

Total collapse of our banking, financial, economy, and way of life would be assured.

So many more devastating effects!

The tentacle effect is and would be extremely disasterous!

Add thees to those already posted and it would undeniably put the country in a deep DEPRESSION not a recession from which the nation would likely not have been able to recover from for many decades.

How little some of these posters realize the true affect would be or have been and it wouldn't be pretty or even palatable.

This is like the dork who knows more about Obama than his own life.