Hugh Hewitt asks in my Twitter feed, “If there’s going to a Big Three bailout, how about a huge corporate tax cut for Michigan and Ohio, say, to Ireland’s 12.5 percent? That’s real reform.”
But I don’t think there’s going to be a Big Three bailout. In CNN’s poll, 53 percent of Midwesterners oppose a bailout, and that’s where opposition was weakest. If you can’t build support for the idea in the area most affected, it’s hard to imagine persuading a majority of Americans it’s a good idea. Considering the buyer’s remorse over the financial services industry bailout, the automakers have a tough assignment, and they haven’t yet brought their A game.
UPDATE: And by the way — it’s great to hear the UAW is willing to make a concession on their jobs bank. But why are they spending their cash to run television ads “in Maine, Kentucky, Indiana and Minnesota to put the faces of union workers on the controversy over the loans”?






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