Why the Automakers Won’t Make Fuel-Efficient Cars, Even as the Price of Being Bailed Out
December 02, 2008 at 19:57 PM EST
Telling automakers to make more fuel-efficient cars as a condition of being bailed out is like telling Citigroup or any other big bank to issue more affordable loans to Main Street as a condition of being bailed out. It won’t happen. Conditions like these make the public feel better about using their tax dollars to [...]