Skip Nav
Relationships
Are You in Love? 13 Signs That Say Yes
Nostalgia
Nostalgia Alert: 15 Early 2000s Costume Ideas For Couples
Women
17 Sparkly Halloween Costumes For the Shiniest Girl in the Room

Front Page: Obama Gives Auto Industry Tough Love

  • President Obama is considering bankruptcy as an option for US automakers. — Wall Street Journal
  • Iran's representative at an international conference on Afghanistan said that Iran will help with reconstruction and antidrug-trafficking efforts. — Washington Post
  • French President Nicolas Sarkozy has threatened to walk out of the G20 conference if his calls to create new rules of capitalism aren't met. — The Guardian
  • Japan's unemployment rate has jumped to 4.4 percent, a three-year high. — AFP
  • North Korea plans to indict two American journalists, who could face 10 years in labor camps for illegally entering the country. — New York Times
  • French and German Police are gearing up for a NATO summit that will take place in the French city of Strasbourg and the German cities of Kehl and Baden Baden. The summit, which will involve President Obama, will happen Friday and Saturday. — AP

Source

Around The Web
Join The Conversation
liliblu liliblu 7 years
Dave what are you talking about? I never said it helped workers in the US. It helps Toyota.
UnDave35 UnDave35 7 years
How does Japan's health care system help those workers in the US?
chatondeneige chatondeneige 7 years
That's great, and I've seen descriptions, but it seems silly to pretend that the government is contributing - the government is financially backed by the residents and businesses of the country, so the residents and the businesses are contributing. It's silly to imply otherwise!
liliblu liliblu 7 years
Chaton I'll find a detailed description of Japan's health care system for you. The people of Japan seem very happy with it.
chatondeneige chatondeneige 7 years
And why am I queen of the double post today?
chatondeneige chatondeneige 7 years
lilblu, how does the government share the cost, if not by taking money from people and businesses?
chatondeneige chatondeneige 7 years
lilblu, how does the government share the cost, if not by taking money from people and businesses?
liliblu liliblu 7 years
Dave, Toyota also benifits from Japan's universal health care system. The cost of health care is shared by individuals, business, and the government.
chatondeneige chatondeneige 7 years
Stephley, that message certainly wasn't to just you, nor was it nasty. Everyone on citizen seems to think that using caps lock will make their point better or more convincing, which it doesn't. Within this thread alone, you, Kranky, and haus all have! It was an observation, not an attack! :) (and, btw, if you want to get into semantics, you did caps lock words that weren't switched) ;)
stephley stephley 7 years
It was to highlight SWITCHED WORDS, not make a point. Must have been too SUBTLE.
UnDave35 UnDave35 7 years
"kranky health care costs add a little over $1,500 to every GM car." This is correct, but the problem is that this cost is for retired employees. Toyota doesn't pay this because they aren't saddled with a union that wrote that (GM must pay 100% med cost for every employee until they become deceased) into their contract. That is a major reason GM is in such bad shape.
chatondeneige chatondeneige 7 years
CAPITALIZING things you want EMPHASIZED rarely makes your POINT more CONVINCING, y'all. ;)
chatondeneige chatondeneige 7 years
CAPITALIZING things you want EMPHASIZED rarely makes your POINT more CONVINCING, y'all. ;)
stephley stephley 7 years
GM is a company, Europe is a continent made up of approximately 50 states each of which has a different economic system so the comparison isn't valid. Here's what Liliblu said AGAIN: "GM is also the perfect example of why we need Health Care Reform. Reducing health care costs would benifit consumers and business. Economic recovery requires health care reform." Liliblu says REFORM and you keep translating it into UNIVERSAL HEALTHCARE. Reform and universal healthcare come in varying forms from place to place, on issue to issue. It is not too big a statement to say that GM is staggering under the weight of its healthcare commitments and that reducing healthcare costs would help it. I'm not sure if you mean that history sides with you on 'just because people say it will help, doesn't make it so' or something else.
liliblu liliblu 7 years
kranky health care costs add a little over $1,500 to every GM car. If I can find a particular article I'll post it. But, it stated that GM spent more on health care than it did for steel. Toyota spends $1,400 less on health care per vehicle on health care than GM. I know you like to dismiss anything you don't agree with as misinformation. But maybe you should do a little research on what health care costs consumers and business each year.
kranky kranky 7 years
liliblu clearly wrote, "GM is also the perfect example of why we need Health Care Reform." I fail to see how universal healthcare would have at all helped GM stay out of it's current situation... it certianly hasn't helped Europe. My point is, if universal healthcare is A requirement of economic recovery, why haven't we EVER seen it help a single floundering economy? It's too big of a statement to make, and such misinformation has been bandied about in the media too much recently. Just becuase people say it will help, doesn't make it so, and history certainly sides with me on this point.
stephley stephley 7 years
Except no one said it would revamp the economy. Liliblu clearly wrote that it is A requirement of economic recovery. A, not THE.
kranky kranky 7 years
That was the point steph, thanks for reiterating it. Thus saying that revamping healthcare will revamp the economy is an ideological statement.
stephley stephley 7 years
"By this logic, Europe's economy should be booming, which it definitely isn't." If healthcare was the only or the major factor driving the current economic crisis you'd have a point. But it's not.
liliblu liliblu 7 years
More than just a single community will be lost if GM and Chrysler go bust. Plants will of course close. How many dealers will go out of business? How many suppliers will be forced to go out of business. Many of these companies also supply Toyota and other auto makers.
stephley stephley 7 years
But it's not just a mining town here or there: it's four or five states that have sizable auto-employee populations and no strong manufacturing segment to step in and pick up even half the workers. This would be on top of all the other failing businesses and banks, unemployed workers, current foreclosure levels, etc. that communities and states are struggling with. If it's a cycle, it's more like Haley's Comet than a season.
kranky kranky 7 years
"GM is also the perfect example of why we need Health Care Reform. Reducing health care costs would benifit consumers and business. Economic recovery requires health care reform." IMO, this thinking makes no sense whatsoever and it is dangerously ideological. By this logic, Europe's economy should be booming, which it definitely isn't. Americans - with our private healthcare - are doing better economically. If you want universal healthcare, fine. But don't argue that it would have somehow ameliorated the economic downturn, because that is a patently false statement.
popgoestheworld popgoestheworld 7 years
I guess I disagree with your premise. I do think it's cyclical. Ups and downs. I don't know. I mean, there are ghost towns from where mines went bust for a reason. I realize it's not quite the scale of this, but, it's not the first time to lose a whole community because of economic disaster.
stephley stephley 7 years
"But in the long-term, not everything succeeds. We can't all have jobs all the time, we can't all be rich." It's not about being rich, it's about repairing this economy, about not losing whole communities to unemployment. The current economic crisis isn't simply a cyclical issue affecting one or two segments of society while others move ahead with gusto. If your leadership strategy is to let things fall, you better have a clear idea of how to pick up the pieces. Otherwise, you've lost control of what happens next.
Roarman Roarman 7 years
I think that's because Hybrid vehicles are more expensive. The Toyota Camry is roughly $21K and the Hybrid version is almost $27K. The Prius falls right in the middle of the two. And there also aren't as many hybrid models as there are non hybrids. So the options are limited.
The Best DIYs For Your Car
How to Clean Car Seats
Clean Headlights With Toothpaste
Down-to-Earth Photos of President Obama
Barack Obama Cute Moments With Sasha and Malia
A Guide to What You Should Always Have in Your Car
Southside With You Movie Inspiration

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

From Our Partners
Latest Love
X