We had an interesting debate at the bar last night, over whether or not the government should bail out the American automobile manufacturers. One guy said “heck no” (or something like that), the companies and the UAW have foolishly locked themselves into making giant, fuel-gulping cars that nobody wants. Survival of the fittest, let them sink.
The other guy said that the first guy had it all wrong. He said that the Big 3 lose money making small cars but (normally) make a big profit on big SUVs, so they are doing exactly what any smart corporation should do…maximize profits.
I noticed that they both arrived in imported cars.