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Government rescue of GM fuels autarky and political risk
George Will argues the Obama administration’s GM intervention, though framed as saving jobs, risks transforming the automaker into a government-led enterprise. He critiques using tax credits for the Volt, congressional meddling, and the influence of the UAW, warning of a broader shift away from free trade and toward economic autarky.
MENTIONED IN THIS ARTICLE
Washington
AIG
Fannie Mae
Freddie Mac
United States
United Auto Workers
Steve Rattner
Ron Bloom
Detroit
USA Today
Don Marquis
Amtrak
Congress
Rattner
Senators
Washington Post
General Motors
Chrysler
John Sweeney
Afl-Cio
Gerald McEntee
American Federation of State
Citigroup
UAW
China
America
Chevrolet
Ron Gettelfinger
U.S
Ford
Mexico
California Pizza Kitchen
Harley-Davidson