I think the us auto industry should be allowed to fail. If they can't compete, it is not because of it being saddled with pension and health-care spending obligations, it is because their products suck. If they had great products that everyone was clamoring to buy, believe me, they'd be solvent.
This will, of course, really bite for those put out of work...
no subject
Date: 2008-11-11 08:47 am (UTC)This will, of course, really bite for those put out of work...