http://online.wsj.com/article/SB20001424052748704081704574652830152961434.html
Car Makers May Hire Soon
The headlines scream that the auto industry may start hiring soon. If sales pick up. Now isn't that nice. The auto industry fired over 100,000 employees last year. The auto industry are talking about maybe hiring 1,000 people this year. Maybe. If sales pick up.
Last years car sales had dropped to a 47 year low. We are in the middle of an economic recovery (if you believe Barack Hussein Obama) that includes rising rates of unemployment and rising homelessness. We are at the start of a great depression if you don't believe. All the people who were planning on buying new cars this year, bought cars last year to take advantage of the cash for clunkers.
Who is left to buy new cars?
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