Reaction to Automaker Bailout: Would Money Be Better Spent on Workers?

Nicole Ashley Hamilton writes:

“All this talk about how we need to save the auto industry because it employs so many people. But by the time they finish shrinking enough to be viable, it’s going to be like 3 guys running a used car lot. By the time it’s over, how many jobs are we going to save and at what cost per job? Would it have been cheaper to write each worker a check for a million dollars and tell them to retire?”

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