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JIM LINDGREN:  A Simple Argument Against the Auto Bailout:  An Auto Bailout Would Destroy Jobs.
Instapundit — ... JIM LINDGREN:  A Simple Argument Against the Auto Bailout:  An Auto Bailout Would Destroy Jobs.  ”Anyone who thinks that giving money to a company losing 2-3 billion dollars a month — with overpaid workers and overpaid executives – would usually save jobs in the long run, rather than lose them, doesn’t understand economics.” ...

Stop the Bailout, Create More Jobs
Ace of Spades HQ — Stop the Bailout, Create More Jobs Jim Lindgren looks at the other side of things: If we're subsidizing people to work in noncompetitive industries, aren't we also keeping them from working in competitive ones? He also notes the hidden hand of the government, once again making things worse: As with so many problems, it is unlikely that GM would have made such foolish deals if the government had not forced it to bargain with striking workers, rather than simply replace them. As with mortgages in the banking industry, the federal government pressured businesses to make deals ...