Unintended Consequences: The Coming Auto Trade War

by Benjamin Domenech on 8:47 am February 19, 2009

In December, the Bush administration offered the first reprieve of $17.4 billion to GM and Chrysler. A poet’s sense of irony and tragedy will prove useful as the Obama administration considers this week’s inevitable request for additional subsidies (sorry, “loans”) with the auto companies’ return to Washington.

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