A Comment About

GOP on the Comeback Trail

December 14, 2008 - 12:23 am - by Jennifer Rubin
Neferi the devil chaser
2008-12-15 20:24:04

GOP you need economists. Incorrect. Industries and businesses have been abandoned, eclipsed, outmoded in all ages in all places. It is the change that is inevitable in all the universe. Do you suggest that anybody, anywhere, whose failure will consequences for someone other than themselves be shielded from the world and anything that might go wrong? This would be nice but it isn’t possible. There is a great deal of disruption when changes occur, but there is nothing to do but bear it. These auto companies would be better off in bankruptcy where they could make the kinds of changes that might give the only shot they have at becoming true players once again. But of course, no. After this bailout, they will be back in a few years to say that unless they get another bailout they will go bankrupt. It is a failed strategy to permanently welfarize companies whose products have no market and too few buyers.