What happened to the autoworkers who weren’t bailed out?
Ten years ago the U.S. auto industry, from parts makers all the way to dealers, was on the brink of collapse. The government spent $80 billion to bail out GM and Chrysler, which has since been repaid with interest. The deal saved plants and jobs across the upper midwest, but not all of them. Today we'll head to Dayton, Ohio, where thousands of jobs were lost and a Chinese glass supplier set up shop. But first: Nobody said a lame-duck Congress has to be all that lame — returning lawmakers have a lot to do, including avoiding a partial government shutdown. Today's show is sponsored by Forex, Alliance For Lifetime Income and Paypal.
Ten years ago the U.S. auto industry, from parts makers all the way to dealers, was on the brink of collapse. The government spent $80 billion to bail out GM and Chrysler, which has since been repaid with interest. The deal saved plants and jobs across the upper midwest, but not all of them. Today we’ll head to Dayton, Ohio, where thousands of jobs were lost and a Chinese glass supplier set up shop. But first: Nobody said a lame-duck Congress has to be all that lame — returning lawmakers have a lot to do, including avoiding a partial government shutdown. Today’s show is sponsored by Forex, Alliance For Lifetime Income and Paypal.
