The Jaded Developer no longer works here

Friday, November 21, 2008

Mitt Romney vs. an Auto Bailout

Let Detroit Go Bankrupt. I agree.

Without that bailout, Detroit will need to drastically restructure itself. With it, the automakers will stay the course — the suicidal course of declining market shares, insurmountable labor and retiree burdens, technology atrophy, product inferiority and never-ending job losses.

Labels: , ,


image