Big Three Bailout

I know it sounds horrible, but maybe it’s best to let the “tsunami of job losses” happen if it comes to that. I agree with Mark J. Perry and say that Congress shouldn’t bail out the Big Three. It seems like the companies are functioning under an old policy that just doesn’t work in today’s economy. Maybe it’s best to scrap the old ones for the new. It might sound wrong in the short-term to let the companies take a fall (and hopefully learn from it) then to let them be carried out of danger. The “overly generous benefits for workers that GM management accepted have mounted to unsustainable levels” and I don’t think it is right to fund a system like that.