Wednesday, December 17, 2008

If Auto Industry Fails, Tennessee Could Lose 106,000 Jobs

Posted by Pete Kotz on Wed, Dec 17, 2008 at 4:10 PM

click to enlarge auto_20plant-thumb-400x259.jpg
The Memphis Business Journal reports today that if the U.S. auto industry fails, Tennessee would take the fourth biggest hit among the states.

A study by the D.C. think tank Economic Policy Institute estimates that Tennessee could lose up to 106,000 jobs. This, as you may have guessed, is not a good thing, especially since Tennessee recently soared to No. 1 in personal bankruptcy filings.

Only Michigan, Ohio, and Indiana would face worse consequences from the Big 3's demise. Nationwide, the collapse of the industry would result in a projected 3.3 million lost jobs.

Should someone alert Bob Corker?

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Should someone alert Bob Corker?

As long as he destroys the unions, he doesn't care. "Collateral damage," y'all.
Now Chrysler is shutting down production for a month. But again: it's more important to dismantle unions. Because American manufacturing worked so well without them 100 years ago.
Thanks for having your priorities straight, Sen. Corker!

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Posted by Southern Beale on December 17, 2008 at 4:27 PM

get your head out of your ass, beale. we have labor laws in place that, while ushered in by unions back in the dirt road era, certainly don't need unions to stay on the books. if chrysler COULD fluctuate production w/ market demand, like a sane (read: non-union) organization would, they would be solvent. (see honda, toyota, & nissan's american manufacturing.) but NO, they just keep supplying cars despite lack of demand, because union workers think corporations are obliged to employ them, economy be damned. you have no arguement.

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Posted by wake up on December 17, 2008 at 4:50 PM
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