Poking the big auto-makers

Ford Motor Company was one of the big auto makers that did not accept government handouts when the financial crisis hit eight years ago. Consequently, I now drive a Ford Escape. The logic for the bailouts at the time stated that we could not let the big car companies fail — think of all the lost jobs and the irreversible hit to the economy.  So, we hardworking taxpayers bailed out General Motors, Chrysler and other manufacturers—in effect, rewarding them for bad behaviour and poor management. Bombardier consistently screws up (click…

Continue Reading
Close Menu