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Monday, December 15, 2008

The New Economic Interventionists

HOW FAR WILL THEY STRAIN OUR CREDULITY?

It's amazing to find the libertarians and the conservatives so much in the economic interventionist camp.

Against all credulity, they purportedly *want* to make GM 'sustainably profitable'.

If the GOP want to turn the country (or the South) into a giant Guangzhou, then they should be upfront about it, rather than hiding behind obviously false sentiments about American workers at GM, Ford, and Chrysler.
Against their own philosophy of who knows best, they are willing to support "Big Government" schemes that actually prescribe how 'competitiveness' is going to be restored (not in general, but to specific companies and industries, like autos).

Turns out it is 'wages' and not 'national healthcare' at issue, on their scorecard - how ... expectedly trite.

SHELBY-CORKER READY TO PLAN THE ECONOMY


I think it is just cute, all these hands-off people who are suddenly experts on how GM is going to 'survive'.

I'll tell you what, there is no magic wand to wave to "save GM" in North America. The issues go way beyond Senator Corker-come-lately's up-down grasp. Senator Shelby's "Look, I'm a bank loan officer" routine is just as slack.

Anyway, we ought to be talking about jobs, lots of jobs right now.

If the GOP want to turn the country (or the South) into a giant Guangzhou, then they should be upfront about it, rather than hiding behind obviously false sentiments about American workers at GM, Ford, and Chrysler.

If the GOP want to insist on a competitive auto industry, they can bring up a bill later on. Right now, let's try to keep Americans ... off the bread lines.