George Will on the auto industry bailout

As a follow up to the series of commentaries I’ve posted here, builidng on this post from the other day, the below is George Will commenting on the impending bailout.

Six decades later, a rescue without bankruptcy will make those four entities wards of government. Doing so would make the five entities including Washington collaborators in unfair competition with Americas thriving automobile industry that employs 113,000 Americans making vehicles containing many American-made components, but with foreign, mostly Japanese, nameplates. As Detroit continues to shrink, many American jobs lost will be regained in this industry, and its American suppliers, as Americans continue to buy cars.


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