The Big Three Automakers want $25 Billion. Why, with that kind of money, we could have two more months in Iraq. There are legitimate questions about whether it would be wise to direct the nation’s resources toward our manufacturing industries. However, one of them is not the executives’ mode of transportation while going to D.C.
I’ve heard about auto industry representatives arriving in D.C. via private jets 4 or 5 times in the last 12 hours or so — most of which time I was asleep, incidentally. As if this whole thing would have been averted had they flown coach. It’s like blaming the President for the financial crisis by focusing on his use of Air Force One instead of looking at his fetish for deregulation. We can be deeply stupid sometimes. But, to some extent, it’s understandable. When a problem is so big and so complex we can’t readily wrap our mind around it, the tendency is to direct our attention to something simple; even if it’s irrelevant. There’s a principle, the name of which I can’t remember, describing the tendency in corporate meetings for there to be limited discussion of complicated aspects of a project, only to have fierce battles over something stupid, like the color of the packaging.
We should be figuring out the fastest way to get average Americans working, producing, and profiting from their labor. When that happens, they have money to spend on the products of other Americans. Simple!