becker-posner-blog.com - 12/16/2008
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We blogged on November 18 about whether the government should provide money to the U.S. auto manufacturers to keep them alive. (I was for; Becker was against.) In the short period since then, there have been important developments bearing on the issue, culminating this past Friday in the ...
washingtonindependent.com - 12/10/2008
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washingtonindependent.com —
A United Auto Workers advertisement printed in The
New York Times on December 3. (uaw.org) This United...
Auto Workers advertisement printed in The New York Times on December 3 was accompanied by text that described the auto industry crisis as a Main ...
(more)
Auto Workers Make Case for Bailout
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Becker and Posner Debate the Auto Bailout:
The Volokh Conspiracy —
Richard Posner and Gary Becker have interesting posts debating the auto bailout. Despite some reservations, Posner supports a bailout. Becker on the other hand oppose it and argues that going into bankruptcy is the best solution to the Big Three's problems. ON balance, I am much more persuaded by Becker's arguments. But both sides make good points and are well worth reading. This part of Becker's post provides a compelling answer to one of the most important pro-bailout arguments: GM and the other carmakers have claimed that bankruptcy would have a particularly big ...
Detroit Bailout: Conflicted and Confused
The Moderate Voice —
... We nod when we consider Judge Richard Posner’s conclusion that “domestic producers should not be allowed to collapse at a time of profund and … worsening economic distress.” But we then flip and give props to Nobel Laureate Economist ...
Related Content
No to the Auto Bailout
frum.nationalreview.com 11/13/2008 — Don't bail out the automakers, I urge on "Marketplace" today:
Time was when General Motors alone ranked among the largest employers in the United Stat... . . .
Can the United Auto Workers Survive? Posner
becker-posner-blog.com 12/30/2008 — One of the reasons for the insolvency of the Detroit automakers (General Motors, Chrysler--and Ford, which appears to be insolvent too, despite its denials) is that their workers are paid higher wages, and receive much more generous benefits paid for ...
Is There a Good Auto Bailout?
theamericanscene.com 12/10/2008 — Sure, in principle.
There appears to irresistible momentum behind a “temporary” bailout designed to forestall bankruptcy until the new administration is in place. The problem with imagining that this does anything other than kicking the can down ...
Congress: The auto bailout
firstread.msnbc.msn.com 12/4/2008 —
The United Auto Workers announced the union would make major concessions in its contract with US automakers in order to help the Big Three lobby Congress for bailout money. "The surprising move by the U.A.W. could be a critical factor in the ...
The Future of Conservatism--Posner
becker-posner-blog.com 12/2/2008 — The defeat of the Republican Party in the November election is widely thought to signal the decline of conservatism in the United States. But it is important to distinguish between the Republican Party and conservatism rather than to equate them. In ...
Breaking: Auto Bailout Dies In Senate
gatewaypundit.blogspot.com 12/12/2008 — The word is-- The auto bailout is Dead as a Doornail . UPDATE-- It's official. The bailout is dead . The unions would not budge: The collapse came after bipartisan talks on the auto rescue broke down over GOP demands that the United Auto Workers ...
Auto Bailout
mahablog.com 11/17/2008 — There appears to be general agreement across the political spectrum that the Big Three automakers are going bankrupt because their CEOs have made many really, really bad choices over the years. Joseph Romm has an article at Salon about this. Here is ...
Auto No Go
corner.nationalreview.com 12/5/2008 — Detroit, Mich. -- They can't get it done.
That is the backroom word on Capitol Hill as auto executives from the Detroit Three wrapped up a second, and final, day of hearings before the House in attempt to get a $35 billion loan to keep them ...
Auto Bailout Talking Points
WWW.samefacts.com 12/12/2008 — The Republican Party was so anxious to destroy the unions that they decided to destroy the auto industry in the process.
Say this over and over. Particularly in Ohio, Michigan, Pennsylvania, and Missouri (all of which have substantial manufacturing ...
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