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Bailing Out Detroit
BAILING OUT DETROIT.... David Leonhardt uses this graphic in the New York Times today to illustrate the labor costs of the Big Three auto makers vs. the Japanese companies who manufacture cars in nonunion plants. As he says, the $70+ per hour figure that gets tossed around so often is badly ...
Commentary: California wants to raid Big 3 bailout cash for green cars | The Detroit News
detnews.com — Taxpayers should be wary of bailing out unviable electric carmaker Henry Payne Think the $25 billion is to help save the Big Three automakers and preserve manufacturing facilities essential to national security? Think again. Detroit automakers' best ... (more) Commentary: California wants to raid Big 3 bailout cash ...
Editorial: Reality Check for Detroit
Editorial: Reality Check for Detroit
nytimes.com — Before bailing out automakers, Congress should require much tighter commitments on fuel economy and demand that top management be replaced. > (more) Editorial: Reality Check for Detroit
Hit me, Congress, One More Time:  Bailing Out the Auto Industry (Guest Voice)
Hit me, Congress, One More Time: Bailing Out the Auto Industry (Guest Voice)
themoderatevoice.com — To bailout the big three automakers or not to bailout the big three automakers? In this Guest Voice post journalism professor and author Walter Brasch says as distasteful as it seems, it needs to be done. Hit me, Congress, One More Time: ... (more) Hit me, Congress, One More Time: Bailing Out the Auto ...
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More Double Standard Puzzles
Lawyers, Guns and Money — This K-Drum post encapsulates much about what I find strange about the way some liberals have been discussing the American auto industry. First of all, is there any other context in which progressives would uncritically use the conserveratrian formulation "wage problem"? Am I supposed to be cheering for Wal-Mart to crush Costco because of the latter's "wage problem" while shopping at the former besides? When he watches ...

MIDDAY ROUNDUP
News — ... some devastating lines against Huckabee, which made it a more-than-usually compelling argument on the issue, Washington Monthly’s Steve Benen claims. FROM THE BLOGS: [image] Legislature Moves to Block Blago – Ed Morrissey, Hot Air [image] Oh, Rod. The Humanity! – Megan McArdle [image] The Ethics Bill Starting it All – Steve Benen, Political Animal [image] Races Within the House GOP Ranks – Rob Bluey, RedState [image] Bailing Out Detroit – Kevin Drum, Mother Jones [image] Auto Bailout ...

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Not The Pay GapThe Daily Dish | By Andrew Sullivan
By Patrick Appel David Leonhardt, sharp as ever, debunks the claim that the average Big Three autoworker makes $73 an hour. He writes that the "real problem is that many people don’t want to buy the cars that Detroit makes" and has the numbers to prove it. His conclusion is ...
David Leonhardt on the U.S. Auto IndustryJ. Bradford DeLong's Grasping Reality with All Eight Tentacles
And the $73 an hour figure fraud: Figure Skews Debate of a Bailout for Detroit : Big Three workers aren’t making anything close to $73 an hour (which would translate to about $150,000 a year). But... General Motors, Ford and Chrysler workers make significantly more than their ...