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> The U.S. auto bailouts were undertaken in the middle of a deep recession, and are highly unlikely to be repeated. Except Chrysler was bailed out before and h
by primrosepath 11y ago
> The U.S. auto bailouts were undertaken in the middle of a deep recession, and are highly unlikely to be repeated.
Except Chrysler was bailed out before and has now been merged/bought by a foreign auto company for the second time in 20 years.
- gozur88 11y agoI had to laugh at that, too. US auto companies will be bailed out or forced into mergers exactly as often as they fail. The government can't afford to assume pension obligations for all those retirees.