Mitt Romney has a brilliant and credible op-ed piece in the New York Times today entitled "Let Detroit Go Bankrupt." Mitt's proposals for helping the Big Three U.S. auto companies are credible because of his track record for turning around companies and because his father was recruited to head American Motors in the 1950s when the auto industry was facing similar conditions. This is the best proposal I have heard yet about how to deal with American auto woes.
Mitt Romney on Detroit bailout
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Authors
- Richard W. Evans is an Assistant Professor of Economics at Brigham Young University
- Jason DeBacker is a Washington, D.C. economist
- Kerk L. Phillips is an Associate Professor of Economics at Brigham Young University