D0 the "Big 3" deserve a bailout?? Not so much.
No UAW Bailout
November 17, 2008 Posted by John at 7:12 AM
Jim Manzi has done some of the best analysis of the proposed bailout of GM, Ford and Chrysler--or, one should more properly say, bailout of the United Auto Workers, otherwise slated for extinction. Here, he addresses the theory that the Big Three are in the midst of a turnaround, and if we only keep them afloat a while longer, they'll be profitable again.
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