Conflicting Opinions on Detroit

For a good summary of the arguments for and against bailing out the auto industry, see Becker and Posner. It's rare to see them disagree; usually they take the same side of an argument.

I am against bailing out the auto companies. Bankruptcy should mean that you've run out of money and you should try doing something else. I am for unemployment and trade assistance of fired GM employees. There's no reason to give more money to companies that continually made bad decisions and have lost market share.

Liked what you read? I am looking for work.

Leave a Reply

Your email address will not be published. Required fields are marked *

Comments are heavily moderated.