Tag: "Detroit"
Trading Dignity for Government Shackles in Detroit
It’s a shame that the city of Detroit has gone from what The Blog Prof calls “the center of the industrial PLANET EARTH in 1950″ to a place where thousands of people feel no compunction about lining up for a little sip from the government teat. Conservative economic or social policies did not bring Detroit [...]
Salon’s Business Ignorance Brings Back the 80s
Do you remember during the 1980s when you could hardly pick up a newspaper or turn on the television without hearing about how the Japanese were buying up the United States and how the evil Republicans were helping them along by promoting that silly notion of free market economics? Well, it’s come back, in the [...]
Bailout Fallout
Well the mostly-stalwart Republicans blew up the UAW/Democrat payback-o-rama that we knew as the Big Three Bailout last night and there are still chunks of it splatting around Washington even now. This Politico story captures most of the Sturm und Drang of last night but doesn’t exactly go out of its way to find any [...]
A Picture is Worth Twenty Five Billion Dollars
This illustrates exactly why the Big Three automakers should not get a dime of taxpayer money to bail them out of potential bankruptcy. We need to let the automakers file for bankruptcy, with everything that entails. Perhaps they will come out of it leaner and more ready to compete and perhaps they will disappear and [...]
That’s What You Said