Quote Originally Posted by BLUELINE976 View Post
Yes, jobs are lost temporarily, but they may go outside the country because labor/business may be cheaper or more efficient there.
Not temporarily... If Ford/GM would have gone down for good, that's several hundreds of thousands of jobs (not just in the US actually) that would have been lost in one go. In the time it would take for an upstart American company to grow the massive infrastructure that would require as many jobs as Ford/GM needed, the American automotive market would have long been gobbled up by Asian manufacturers.

The reason business in China is cheaper is because you can get away with paying poverty-level wages there. The reason it's more "efficient" is because standards are iffy at best.