If more companies were like Toyota when it comes to cuts, purhaps the economy would recover a little faster. When people lose jobs and homes, the economy is going to suffer. Unfortunately, even if the Big 3 get a bail out, jobs and homes will still be lost. Cuts always start at the bottom. If they started at the top, where the most money is, it would be more effective.
"If we get a loan, we might make it through this"
MIGHT is not a very big confidence builder for me.
When 40% of personal income taxes is collected from 1% of the population, who do you think is going to get the help?