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by magduf 2601 days ago
>However, given the amount of Boeing planes out there, and the number of employees, the company dying would be harsh.

It would be, but it needs to happen. And it wouldn't be as bad as people think.

The same thing happened when GM was on the verge of going under 10+ years ago. Why does everyone somehow think a giant manufacturer going out of business somehow means that thousands of employees will suddenly be destitute and unable to find another job? Do people really think that enormous manufacturing facilities are somehow going to go unused forevermore?

No, what happens is the company's competitors swoop and and buy up all the assets for cheap, and put them to work, because now there's suddenly not enough manufacturing capacity to meet global demand, but there's all these assets and a highly-skilled workforce suddenly available to be put to use.

For the same reason bailing out Chrysler and GM was wrong, Boeing should not be allowed to survive. The company can be broken up and all its assets sold to (hopefully foreign) competitors, who can then build better planes with them.