It worked for Chrysler once before. They got their bailout, and were able to pay it back, in part because they rethought the type of vehicles people wanted. This HAS to happen now.
But, there is a good argument to let them all fail and leave it to survival of the fittest. That IS what capitalism is about, yes? Think we've gotten a wee bit off course there. Smaller government? Haven't seen that in this last Administration.
On the other hand, I've been thinking of incorporating myself and asking for my own bailout. My student loan debt is awfully substantial.
It worked for Chrysler once before. They got their bailout, and were able to pay it back, in part because they rethought the type of vehicles people wanted. This HAS to happen now.
ReplyDeleteBut, there is a good argument to let them all fail and leave it to survival of the fittest. That IS what capitalism is about, yes? Think we've gotten a wee bit off course there. Smaller government? Haven't seen that in this last Administration.
On the other hand, I've been thinking of incorporating myself and asking for my own bailout. My student loan debt is awfully substantial.