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Does the U.S. Need an Auto Industry?
roomfordebate.blogs.nytimes.com - 4/30/2009
Does the U.S. Need an Auto Industry?
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Many domestic industries long ago moved to other producing countries. Why is the auto industry different?
online.wsj.com - 4/29/2009
Chrysler Chapter 11 Is Imminent
— online.wsj.com — WASHINGTON -- Talks between the Treasury Department and lenders aimed at keeping Chrysler LLC out of bankruptcy... broke down Wednesday, making it all but certain the car maker will file for Chapter 11 protection Thursday, according to people familiar ... (more) Chrysler Chapter 11 Is Imminent

Comments vote down Calculated Risk found this 4/29/2009found this
nytimes.com - 4/30/2009
Bankruptcy Looks Likely for Chrysler
— nytimes.com — DETROIT — Last-minute efforts by the Treasury Department to win over recalcitrant Chrysler debtholders failed Wednesday night,... setting up a near-certain bankruptcy filing by the American automaker, according to people briefed on the talks. Barring an ... (more) Bankruptcy Looks Likely for Chrysler

Comments vote down The Baseline Scenario found this 4/30/2009found this
baselinescenario.com - 4/30/2009
The Importance of Battlefield Nuclear Weapons
— baselinescenario.com — I’ve been writing a lot about the game of chicken recently , most often in connection with... the GM and Chrysler bailouts. On the Chrysler front, the game is in its last hours. Even after a consortium of large banks agreed to the proposed debt-for-equity swap, some smaller hedge funds are ... (more) The Importance of Battlefield Nuclear Weapons

Comments vote down jamesykwak jamesykwak posted 4/30/2009posted this

Blog Reactions

Economist's View:  Does the U.S. Need an Auto Industry?

Marginal Revolution:  Does the U.S. need an auto industry?

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Blog Reactions

Does the U.S. Need an Auto Industry?
Economist's View — ... At the NY Times Room for Debate, the question is Does the U.S. Need an Auto Industry? My answer is ...

Does the U.S. need an auto industry?
Marginal Revolution — Here is the symposium, I was in a Bryan Caplan and Don Boudreaux sort of mood when I emailed in my answer: I’m an economist not a business forecaster, so I don’t have any particular predictions about Chrysler and G.M. We do know that Ford is likely to survive. More important, there are some very efficient Toyota plants in the United States. That too is part of our domestic automobile industry and those plants employ a large number of American workers. You might think that Toyota is different because it is a Japanese company rather than ...

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