4 ms·
From near the end: "Obama was right in bailing out the auto industry when GM and Chrysler were going bankrupt." It's myopic to equate GM and Chrysler with the
by Prophasi 14y ago
From near the end: "Obama was right in bailing out the auto industry when GM and Chrysler were going bankrupt."
It's myopic to equate GM and Chrysler with the American auto industry. My hope was that those tragically unfit companies and their corrupt unions would go bankrupt, only to have their assets swept up at fire-sale prices by a company or person willing and able to ignite a rebirth of the industry.
Sometimes you gotta clear out the brush. The old, rickety, terribly designed, onerously-high overhead, ridiculous pension brush.