AutoIndustryOutlook

Expla-Nation: Auto Industry Bailout

Every once in a while, a news story becomes so dense and complicated that you could use a little cheat sheet to follow the discussion. We'll endeavor to help you out by outlining the key points in the discussion, and presenting our own opinion in our new series Expla-Nation. The current lame-duck Congress will be considering proposals to bail out the beleaguered US auto industry this week, most urgently, General Motors. Opponents of the bailout say we should let GM go bankrupt, and allow something better to arise from the ashes. PROSFrom Jeffrey Sachs at WaPo, here's the pro-bailout side: ...

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