John Cole over at Balloon-Juice has been doing some good blogging on the arbitrary line in the sand Southern Senators have been drawing with respect to giving money to the auto industry so it doesn’t collapse. Here is one of the entries.
Some themes: these Senators appear to be going to bat for foreign automakers in their own districts. They appear to be willing to let the American auto industry collapse if they can’t do some union busting. If the U.S. picks up the health care costs of its workers, the difference in compensation between the Big 3 union workers and their non-union Japanese company counterparts becomes almost negligible. The Southern Senators are willing to pay Iraqis not to shoot at us; are willing to pay bankers and their bonuses; but aren’t willing to pay American workers who actually make stuff.
Again, hard telling whether the auto bailout would actually succeed. But, the priorities are telling. When it comes to providing money to American workers who actually build stuff, some of our politicians just can’t stomach the thought.