Michael Ramirez neatly sums up the disadvantage American automakers face in trying to keep up with their more nimble competition; click to enlarge:
A bailout will only feed the beast for a few more years. The only solution, I think is bankruptcy, which Nancy Pelosi says is out of the question. But that is because her concern is the UAW and its constituency of retirees, not the automakers and not present and future workers in the auto industry.
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