Wednesday, November 19, 2008

2.5 Million Worthless Jobs

U.S. auto companies employ nearly a quarter-million workers, and more than 730,000 other people have jobs producing the materials and parts that go into cars. About 1 million on top of that work in dealerships nationwide. If just one of the auto giants were to go belly up, some estimates put U.S. job losses next year as high as 2.5 million. ...

1 million jobs lost at $1,000 is $1 billion dollars.

Isn't $25,000 per job a sound investment?

If 2.5 million jobs are lost, it is $10,000 per job!

Suggestion: Let Wall Street Stock Brokers, Fund Managers, Traders, ... work the production lines at the GM, Ford & Chrysler.


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