Thursday, November 13, 2008

The Auto Bailout

I need some smart people to tell me how to think on this one. On the one hand, American car companies kind of suck. On the other hand, reasonable hard-working people work for said American car companies, and they shouldn't be out on the street. Let's go to the arguments:

Arguments for: James Suroweicki of the New Yorker & Thomas Friedman of the New York Times

Arguments against: Megan McCardle of The Atlantic, The Wall Street Journal, and Paul Ingrassia (also of WSJ)


I think the arguments against have swayed me more, but there are many bad outcomes either way you go. This is what swing voters must feel like.

No comments: