FEATURED ARTICLE
Considering the Government’s Possible Bail-Out of the Automotive Sector: A Broad View
by Robert A. Letcher, PhD
Regarding the prospect of the government bailing out the automotive sector, it seems to me that there are – generally speaking – two types of argument: argument that proceeds from the total certainty that only brazen commitment to self interest or idolatrous commitment to ideology could support; and argument that proceeds with eyes wide open to the complicated facts of the automotive sector and the even more complicated history behind those facts – and the uncertainty that wide open eyes inevitably bring.
I find myself in the latter category. Let me illustrate. My grandfather was a bricklayer who lost his hand when he slipped on a wet plank at a construction site and his hand fell into the open gear drive of a cement mixer. More recently, about a year ago, after PBS had aired one of its multi-part World War II stories and commented about the changeover at Willow run plant from making cars to making bombers, I argued in a letter that the UAW printed in its Solidarity magazine (Nov.-Dec. 2007, page 4) that the automotive sector had to be included in discussions of national security, because the companies and the union are not only auto makers just-in-time, but are also bomber makers just-in-case – and that the war may have had a different outcome had that changeover not been possible. Read more »
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Considering the Government’s Possible Bail-Out of the Automotive Sector: A Broad Viewby Robert A. Letcher, PhD Regarding the prospect of the government bailing out the automotive sector, it seems to me that there are – generally speaking – two... Read more »
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