Protecting UAW and other unions
Posted by Moonage on 18 Nov 2008 | Tagged as: economic-policy
In 1979 the US government bailed out Chrysler. It was a resounding success as Chrysler restructured, cranked out new and innovative vehicles, and paid back the loan in four years.
In 2008, Chrysler, GM, and Ford are back at the begging table for another bailout.
In 1979 I was a teenager more interested in babes than parsing [...]
