Posted by Todd Zywicki:
Detroit Bailout Plan B:
http://volokh.com/archives/archive_2008_11_16-2008_11_22.shtml#1227016538
Yesterday I noted [1]Scrappleface's plan for a Detroit bailout ("Make
Better Cars").
Last night at dinner a friend suggested a bailout plan B in the same
spirit. One person noted that the United States in fact has a very
successful and prosperous automotive industry--it is just located in
places like Alabama and South Carolina now instead of Detroit.
To which another person observed that maybe that provides the roadmap
for Detroit's new bailout plan:
First, get many billions of dollars of taxpayer dollars to tide them
over for a couple of years.
Second, get card-checked enacted.
Third, send some burly fellows to Alabama and South Carolina to
"persuade" the workers there to join the UAW.
Voila--once we make foreign manufacturers as inefficient and sclerotic
as the Big Three then the problem is solved!
References
1. http://volokh.com/archives/archive_2008_11_16-2008_11_22.shtml#1226938255
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