The proposed Auto industry bail-out in America is a form of welfare at best. If 3 million workers are in an eminent danger of loosing their jobs, it is better to extend their unemployment benefits. Trying to save an old legacy is short-sighted and regressive. It is a political dynamite but that is why an [...]
Filed under: American | Tagged: Auto industry bail-out in America, Chrysler Corporation, Communist China, Detroit-Michigan, Oldsmobiles, President Carter, Ransom Eli Olds, Soviet Union | 4 Comments »
