With the economy so dominate in our current news cycle, we couldn't resist taking a few minutes to agree (conservative and liberal) that a great deal of the "bailout" worries us. What we don't know, and what would make all the difference in our thinking, is exactly how bad things really are. Very few people would agree that some sort of ideology should be important to hold on to in the face of complete economic collapse. How, exactly, does a bailout of all three auto manufacturers make sense, though? Wouldn't it be better to make a one-time, direct payment to a bunch of displaced autoworkers?
This show was recorded during the January 29, 2009 Confab.
Our guests:
You can listen to the show here. (12.9 MB MP3, 20:10 minutes)