From someone whose job is not dependent on the auto industry, but can still see the value of having a manufacturing base in durable goods surviving in the U.S. :
First, haven’t Japanese and South Korean auto companies benefited from enormous government help themselves--and subsidies were the least of it. For decades, Japan--and currently South Korea--kept out American car companies. And the United States turned a blind eye, respecting the desires of these countries to have their own industries. Why should we begrudge our own companies a modicum of what we have tolerated from Japanese and South Korean companies?
The important question is... will our lawmakers get it? I fear to hear the answer.