"The unions and the auto companies have been unable to put a deal together that fundamentally restructures the industry. It needs to get done. The only way it's really going to get done is in bankruptcy court. They should have done it six months ago they should do it now"
About this Quote
The specific intent is to legitimize bankruptcy not as catastrophe but as medicine, the only “real” mechanism capable of forcing labor concessions, shedding pensions, and rewriting contracts that politics can’t touch without looking cruel. “Fundamentally restructures” is technocratic camouflage for wage cuts, benefit reductions, plant closures, and a transfer of risk from company to worker. By insisting “the only way,” Pawlenty tries to close off alternatives - federal backstops, negotiated givebacks, bridge loans with strings - and present the courtroom as neutral, almost natural law.
Context matters: this is the era of bailouts, populist rage at corporate rescue, and conservative arguments that government should not prop up “failed” industries. Pawlenty positions himself as the adult in the room, but the subtext is ideological: market discipline is preferable to political compromise, and bankruptcy is a tool to break stalemates by weakening labor’s leverage. It’s a clean narrative for a messy moment: blame the negotiators, sanctify the process, and treat social fallout as collateral, not consequence.
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Pawlenty, Tim. (2026, January 16). The unions and the auto companies have been unable to put a deal together that fundamentally restructures the industry. It needs to get done. The only way it's really going to get done is in bankruptcy court. They should have done it six months ago they should do it now. FixQuotes. https://fixquotes.com/quotes/the-unions-and-the-auto-companies-have-been-93959/
Chicago Style
Pawlenty, Tim. "The unions and the auto companies have been unable to put a deal together that fundamentally restructures the industry. It needs to get done. The only way it's really going to get done is in bankruptcy court. They should have done it six months ago they should do it now." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/the-unions-and-the-auto-companies-have-been-93959/.
MLA Style (9th ed.)
"The unions and the auto companies have been unable to put a deal together that fundamentally restructures the industry. It needs to get done. The only way it's really going to get done is in bankruptcy court. They should have done it six months ago they should do it now." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/the-unions-and-the-auto-companies-have-been-93959/. Accessed 13 Feb. 2026.


