Daily Archives: November 24, 2008

Workers Should Share In Prosperity Caused By Increased Productivity

Mitt Romney says, “Let Detroit Go Bankrupt.” In a New York Times article he gives his view of what, after bankruptcy, a reconstituted automobile industry should look like. Romney says of American auto makers, “First, their huge disadvantage in costs … Continue reading

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Seven Reasons Government Must Invest In American Auto Makers

The Economic Policy Institute, in an article by by Robert Scott, is calling for government action to help the US Auto industry, saying that such action should be called an investment, not a bailout. EPI says, “Government intervention in the … Continue reading

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Robert Reich Asks, “Why Save Citigroup Bank and Not Save General Motors?”

In the wake of yesterday’s decision to bail out Citigroup, Robert Reich questions the reasoning that puts such emphasis on saving banks, but so little on saving automobile manufacturers.  Reich says, “Citigroup is not much different from General Motors. It’s … Continue reading

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