Thursday, May 7, 2009

Canadians Get Hosed By Chrysler?

Robert Farago at The Truth About Cars links to a Time article comparing US and Canadian Chrysler bailouts: “...the Canadian rescue package works out to more than $340,420 for every employee at Chrysler Canada, which has 9,400 hourly and salaried workers on payroll. That’s 15% more than the $295,000 per employee that Washington is shelling out to save about 40,000 Chrysler jobs in the U.S.” I have wondered before if it would just be simpler to give the workers the money.