Much has been written about the possible bailout of Detroit auto manufacturers — by Greg Mankiw, The Economist here and here, Baseline Scenario, Salon and Richard Florida here and here, to name just a few — and nearly everything I’ve read points to the bailout being a terrible idea. The American car manufacturers have been [...]
Posts Tagged ‘bailout’
The nation of whiners is angry
I don’t want the American economy to get the Asian flu. Really, I don’t. It’s not good for anyone, least of all Canadians. But at the same time, this $700 billion bailout, should it eventually pass (the US Senate is expected to approve it this evening, after a retooling following the House’s rejection on Monday) [...]
