Auto Industry Musings

In the on-again, off-again dis­cus­sions about bail­ing out three auto man­u­fac­tur­ers who are in large part respons­ible for their own prob­lems (which they admit), the major reas­on giv­en for not let­ting them go the way of any oth­er com­pany in fin­an­cial trouble is to cre­ate work and jobs for the people they employ. Surely bet­ter things can be found for these employ­ees to do than to cre­ate products that nobody wants to buy? Cre­at­ing man­u­fac­tured products con­sumes pre­cious resources ran­ging from metals and min­er­als dug out of the earth to power gen­er­ated to run the factor­ies. Then the res­ult­ing products will be stock­piled some­where, since nobody wants to buy them, left to rust and dis­in­teg­rate until they’re shred­ded to “recycle” the valu­ables left in them while the rest of the product is dumped in a land­fill. As make-work schemes go, this is, to my mind, not one of the bet­ter ones.