The Big Three: Assigning Blame & an Alternative to a Bailout
I’ve already explained the problematical economics and ethics of a federal bailout for the Big Three (see “A Bailout for Detroit”). The demise of the pillar of metro Detroit’s economy saddens me—I’m from there; in fact, I was once a janitor for Chrysler. If there can be any profit from this pending tragedy, it will... Continue Reading