Bail out car buyers?

Today's topic: What's the point in retooling Detroit when so few consumers are buying cars? Wouldn't it be better to subsidize new car purchases than to send money directly to the Big Three? Previously, Ikenson and Burtless discussed high labor costs for U.S. automakers, the Big Three's restructuring plans and whether any domestic car manufacturers should be allowed to slip into bankruptcy.

December 5, 2008