Bankruptcy may be good for the Detroit Three
We should let General Motors go bankrupt. Ford and Chrysler as well, if it comes to that.
Yes, we've heard all the arguments about how many jobs are at stake, both at the Detroit Three and its many suppliers. Also, how this may adversely affect millions of retirees. If you dissect this issue with your heart, it's hard to not give GM and the other two Detroit manufacturers billions of dollars so they can continue doing business as usual. And they ...
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