A Bridge Detroit Needs

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This is an opinion item.

Author(s) Carlos Gutierrez
Source The Washington Post
Date December 11, 2008
URL http://www.washingtonpost.com/wp-dyn/content/article/2008/12/10/AR2008121003016.html
Quote
Quotes-start.png "The effects of a shutdown would multiply beyond the auto industry and would significantly postpone our nation's economic recovery. If Congress fails to act now, U.S. real gross domestic product could decline by more than 1 percent and the country would be likely to lose more than a million jobs. We all agree that the auto industry is important -- but we also agree that real changes and tough decisions must be made to ensure that the firms become financially viable. Any funding must come with significant strings attached." Quotes-end.png


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This item argues for the position United States should bail out the automobile industry on the topic Economic crisis of 2008.