How much coal and steel biz is there in Ohio? And as compared to union auto workers. I never saw Ohio as autoville but the media sure has painted it that way.
Insiders are hard to please. I bet plenty of folks aren’t happy about the gov taking gm from the stock and bond holders. Hell, if you are a bondholder of gm, how was Obama any different than Chavez and nationalization?
I saw someone over the weekend claim that Ohio is more of a supplier state for auto assembly. Thus they liked the bailout compared to say even Michigan.
In a state with 8 million voters, there are about 25,000 auto assembly workers, but only 13,000 of them are in the corporations affected by the restructured bankruptcy, GM & Ford. The bulk of the remainder are Honda (non-union) and Ford (non-bailout and proud of it.)
There are also a number of auto parts manufacturers, in the neighborhood of 90,000, I believe, but again, not all of those are related to GM/Chrysler, and there are a number of small and mid businesses (non-union) that sell items to the manufacturers or in the after-market. That means a good number of them really shouldn’t be considered in the “auto industry” in the same way that a corporation transmission plant should be.