Friday, November 7, 2008

We subsidized you; now sell some cars!!!

As intellectually satisfying as it is to note that bank bailout recipients are getting flack from the government for not lending out their taxpayer-provided funds, it is sickening as well.

At the Bluegrass Institute we feel similarly about Kentucky's recently announced $180 million subsidy to dead-carmaker-walking Ford. Out of necessity, that money will go into a black hole made wider and deeper by union abuses like those Kentucky needs desperately to get away from.

2 comments:

Hempy said...

Why not tell the auto industry to develop a solar-powered electric? For a prototype,

See the Brasscheck TV YouTube http://www.brasschecktv.com/page/348.html

David Adams said...

I certainly get your point, Hempy, but would rather that we didn't tell the auto industry anything and, in turn, didn't give them anything either.