By propping up the Big Three, the White House has disadvantaged the thousands of workers building cars that people actually want to buy in such cities like Lexington, KY, Spartanburg, SC, Greensburg, IN, and the dealers and suppliers to these companies across the country.
Yes, its the other U.S. automobile industry, building cars with nameplates called Toyota, BMW, Honda, and a host of others that are taking the world by storm, creating secure and well paying jobs for American families, and producing goods and services that markets actually want.
If we really want to have a worldclass automotive manufacturing industry, the White House should be investing our billions into those companies to strengthen their competitive abilities, skills sets, and market reach. Sensible people bet on winners. Our government, it appears, prefer betting on losers.