On Mon, Nov 17, 2008 at 03:39:36PM -0500, Doug Henwood wrote:
>
> On Nov 17, 2008, at 3:23 PM, Michael Pollak wrote:
>
>> Here's a piece I found interesting trying to argue how bad it would be:
>>
>> http://www.tnr.com/politics/story.html?id=a4893b49-36df-4784-9859-2dfa3a3211bf
>>
>> He has a very pungent anti-union bias, but if you can hold your nose about
>> that, it's got some interesting numbers.
>
> Original source for this: "A study just published by the Michigan-based
> Center for Automotive Research (CAR) predicted that three million people
> would lose their jobs in the first year after such a Big Three meltdown,
> swelling the ranks of the unemployed by nearly one-third nationally and
> leading to hundreds of billions of dollars in lost income."
>
> is
>
> <http://www.cargroup.org/documents/FINALDetroitThreeContractionImpact_3__001.pdf>.
>
> Doug
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-- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com