It would be laughable that the UAW was unwilling to adjust salary to Toyota's workers level ($99,840 a year instead if $143,520) in order to get govt buyout if it wasn't so disgusting that our elected officials were considering to give Big3 anything anyway. (Yes, I count pension & health care.)
Okay people will get laid off but better a surgery than a band aid. Come on the bailout ain't gonna save them. It's a money pit. Their union contracts and the way they do business is a slow bleed. And no one needs to buy a new car. The only way this industry survives is to become a starfish.