A Lemon of a Bailout
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This is an opinion item.
| Author(s) | Charles Krauthammer |
|---|---|
| Source | The Washington Post |
| Date | November 14, 2008 |
| URL | http://www.courier-journal.com/article/20081116/OPINION04/811160442/1054/OPINION |
| Quote | "In World War II, government had the auto companies turning out tanks. Now they would be made to turn out hybrids. The difference is that, in the middle of a world war, tanks have a buyer. Will hybrids? One of the reasons Detroit is in such difficulty is that consumers have been resisting the smaller, less powerful, less safe cars forced on the industry by fuel-efficiency mandates. Now Detroit would be forced to make even more of them."
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This item argues against the position United States should bail out the automobile industry on the topic Economic crisis of 2008.
