“Our aim should not be more government, It should be smarter government.”, said President Bush to world leaders. But is Obama's current push on the bailout of the Detroit 3 a smart move? If the Detroit 3 get exactly what they want, other industries will line-up in the front of Obama's White House for the next round of freelunch for their executives. The government can do a lot of things to help the auto-workers in trouble but bailing out the 3 falling companies as they want it will only reward stupidity, miopic business visions and encourage laziness.
Friday, November 14, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment