Who here really thinks that Washington has not been a major cause of the bankruptcy of the auto industry because off fuel standards, taxes and other constraints they have imposed. This bailout is on the table and urgent because union benefits are at stake. Democrats will use and are using the Obama mandate to try to revitalize unions in our country.
The real solution is to slash taxes on this industry along with employee benefits while relaxing environmental standards. Some of this is being sold as retooling but what if we didn't retool and said we did. It will not help us to have Detroit build small unsafe cars that nobody wants or needs. Ultimately they will be back with their hand out again and in the meantime America hurtles toward bankruptcy herself. Americans need to realize that Social Security IOU's and Medicare liabilities by themselves are choking off our future. Our government is a mass of unfunded liabilities and on the day our government can not meet its obligations without printing the money the American dream will be lost. Politicians believe that they are there to solve problems but in reality they can only provide a framework for others to solve those problems. The goal here is freedom but spending our money wastefully only creates a government that will be knocking on our door one day.
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