Sunday, November 16, 2008
S is obsessed with the GM situation, and he's sucking me in. My instincts are absolutely two-fold. On the one hand, I feel like they've screwed it up, so let them fold (i.e. the free market should do its thing). On the other hand, I feel like the ripple effect--jobs that will be lost, peripheral businesses that will fold, communities that will be slammed--is untenable, both ethically and economically. I'm not being original here: that's the dilemma the government faces. And it makes me really glad I'm not in the government, so I can just stew over it, rather than having to make a decision.