I don't get it.
Automakers are staunch Republican allies. They advocate the free market so they can clean up and fight the unions.
When times get tough they turn into the biggest bunch of cry babies.
The free market is fine when money's rolling in, but when the losses start mounting over the bad management decisions, then what do they do? They turn into a big group of pussies.
Of course they'll hide behind that tired old chestnut: It'll hurt the economy and hurt working families.
I got news for you: Of course it will hurt the economy and hurt families, but the responsibility for that falls squarely on the shoulders of management.
Everyone would like the power to make decisions affecting the economy. With that comes the responsibility to man up and bear the burden of those decisions for good or ill.
I have no sympathy.
The hypocrisy is astounding. Free marketers when profit is involved, but panty wastes when their short-sightedness leads to economic ruin for the rest of us.
I repeat: No bailout.
We can't keep bailing out industries for their bad choices. That removes any incentive for them to behave in the future.
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